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New Construction Industrial Warehouse Space
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1931 Dyess Ave, Rapid City, SD 57701

New industrial warehouse space for lease in Rapid City, SD.

Space Size4,000 SF
Property Size8,000 SF
Days on Market155

Property Features for 1931 Dyess Ave

General Information

Standard status Active
Size 4,000 SF
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 8,000 SF
Year Built 2026
Tenancy Multiple

Spaces For Lease

at 1931 Dyess Ave Contact us

4000 SF (1)

Size
4,000 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us

4000 SF (2)

Size
4,000 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Keller Williams Realty Black Hills
Listed By: Dan Logan · License #SD 20325
Source: Crexi
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 7 at 7:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Black Hills

Investment Insights

Based on property information with market context.

New construction light industrial warehouse space is available for lease, designed for contractor, service, and equipment-based businesses. Located on Rapid City’s east side, the property features two 4,000 SF units within a 12,000 SF three-bay building. Each unit includes an 80’ × 50’ open warehouse bay with 20’ sidewalls, a private office, and an ADA restroom with shower. This allows operators to combine shop and administrative functions in one space. The warehouse bays are equipped with trench drains, 3-phase power, and in-floor heat. Access is provided by 16’ × 20’ overhead doors suitable for large vehicles and equipment. The site offers concrete parking and drive areas, semi-truck accessibility, yard space for equipment storage or staging, and a shared portable loading dock. The property is located just north of E Mall Drive near several auto dealerships, with convenient access to I-90. Estimated completion is in the Fall of 2026.

Key Highlights

  • New construction light industrial warehouse space.
  • 80’ × 50’ open warehouse bay with 20’ sidewalls.**
  • Equipped with trench drains, 3‑phase power, and in‑floor heat.**

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby
Well-served
Demand for This Use

Demographics for 57701, SD

46,258
Population
20,526
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
886
Density / Sq Mi
$52,733
Median Household Income
$34,971
Median Earnings
$892
Median Rent
$229,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - New industrial warehouse space for lease in Rapid City, SD.
Where is this warehouse located?
The property is located at 1931 Dyess Ave Rapid City, SD.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: New construction light industrial warehouse space.; 80’ × 50’ open warehouse bay with 20’ sidewalls.**; Equipped with trench drains, 3‑phase power, and in‑floor heat.**
(605) 939-4489 Call to check price and availability
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