Retail Endcap with Rear
For Sale
Contact for pricing
2255 Haines Ave, Rapid City, SD 57701
A broad sales area is paired with dedicated support rooms and rear delivery access.
Property Size12,000 SF
Days on Market540
Property Features for 2255 Haines Ave
General Information
Standard status
Active
Size
12,000 SF
Amenities
building and monument/pylon signage
Listing Agency:
KELLER WILLIAMS REALTY BLACK HILLS
Listed By:
GINA PLOOSTER · License #SD 16979
(605) 519-0749
Source:
Exprealty
Added: May 16, 2025
Changed: Nov 3
Last Checked: Nov 4 at 4:23PM
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
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Investment Insights
Based on property information with market context.
This 12,000-square-foot retail space occupies an endcap at Haines Station Shopping Center in Rapid City. The main sales area measures 100' x 120' and has 12' ceilings, with two restrooms opening directly to the showroom. Separate support space includes storage, an office, and a breakroom. Double doors on the north side provide delivery access. Building signage and monument/pylon signage are available, along with shared on-site parking.
The center is on Haines Ave, where the corridor segment between I-90 and Disk Dr recorded 21,495 VPD in 2025, according to MPO data.
The center is on Haines Ave, where the corridor segment between I-90 and Disk Dr recorded 21,495 VPD in 2025, according to MPO data.
Key Highlights
- 12,000 SF retail endcap at Haines Station Shopping Center
- 100' x 120' sales floor with 12' ceilings
- Two restrooms accessible from the showroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,104
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,782,080
$2.8M
Cap Rate 7%
$1,987,200
$2.0M
Cap Rate 9%
$1,545,600
$1.5M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$216.0K $18.00/SF
− Vacancy
−$17.3K −$1.44/SF
EGI
$198.7K $16.56/SF
− OpEx
−$59.6K −$4.97/SF
NOI
$139.1K $11.59/SF
Area
Pennington County, SD
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,782,080
Cap Rate 7%
$1,987,200
Cap Rate 9%
$1,545,600
Alternative Uses
Best Use
Retail
$1.99M
$1.74M – $2.32M
NOI $139,104 @ 7.0% cap · market cap 13,910,400.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.18M
$1.90M – $2.54M
NOI $152,280 @ 7.0% cap · market cap 15,228,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
308k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Apparel 23%
Shops & Services 21%
Home Improvements & Furnishings 11%
Kohl's
Apparel
36,250 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
32,711 visits/mo
0.3 miles
Best Buy
Electronics
31,336 visits/mo
0.1 miles
Olive Garden
Dining
29,972 visits/mo
0.5 miles
JCPenney
Apparel
27,674 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A broad sales area is paired with dedicated support rooms and rear delivery access.
Where is this retail space located?
The property is located at 2255 Haines Ave Rapid City, SD.
What are key features of this property?
This property features: 12,000 SF retail endcap at Haines Station Shopping Center; 100' x 120' sales floor with 12' ceilings; Two restrooms accessible from the showroom
