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Downtown Office Suites Available
For Lease
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701 Main St, Rapid City, SD 57701

Multiple office suites for rent in downtown Rapid City.

Space Size1,570 SF
Days on Market776

Property Features for 701 Main St

General Information

Standard status Active
Size 1,570 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Tenancy Single

Spaces For Lease

at 701 Main St Contact us

Available Space

Size
1,570 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: True North Asset Group
Listed By: Shannon Brinker · License #SD 17047
Source: Crexi
Added: Jul 18, 2024 Changed: Aug 21 Last Checked: Aug 30 at 6:40PM

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 True North Asset Group

Investment Insights

Based on property information with market context.

Multiple office suites are available for rent in a downtown building located on Main Street and 7th Street. The building features sidewalk-level entry and elevator access. Suite 207 and 209 offer 1,570 square feet of space, including multiple offices and conference rooms. Leases are available for $1,600 per month, plus utilities. The square footage is based on county equalization data.

Key Highlights

  • Prime downtown location at Main and 7th St.
  • Multiple office suites available.
  • Suite 207 & 209 offers 1,570 SF with multiple offices and conference rooms.

Property Analytics

Current Use

First Stop Gun ... Gun Shop Mt Rushmore Wildlife ... Animal Shelter Lyndon B. Johnson Resort President Lyndon B. ... Resort

Suggested Use

Top Pick Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Pet Store Grocery & Convenience Store Pet Grooming Service

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
$22.01 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,328
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Multiple office suites for rent in downtown Rapid City.
Where is this office units located?
The property is located at 701 Main St Rapid City, SD.
What is the lease rate?
The lease rate is $146.76 SF/Yr.
What are key features of this property?
This property features: Prime downtown location at Main and 7th St.; Multiple office suites available.; Suite 207 & 209 offers 1,570 SF with multiple offices and conference rooms.
(605) 394-8301 Call to check price and availability
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