Retail Space with
For Sale
Contact for pricing
820 Timmons Blvd, Rapid City, SD 57703
A planned retail property offers multiple suite configurations and a drive-through option.
Property Size2,000 SF
Days on Market59
Property Features for 820 Timmons Blvd
General Information
Standard status
Active
Size
2,000 SF
Additional Details
Highway Access
Yes
Listing Agency:
TRUE NORTH ASSET GROUP
Listed By:
SHANNON BRINKER · License #17047
(605) 415-7222
Source:
Exprealty
Added: Sep 9
Changed: Nov 4
Last Checked: Nov 4 at 2:43PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property at 820 Timmons Blvd is under construction, with spaces offered in 1,200-square-foot, 2,000-square-foot, and 4,000-square-foot configurations. A drive-through option is also available. The property is presented for retail, office, restaurant, or mixed-use occupancy.
Timmons Market, Goodwill, and other established businesses are nearby. The site also offers access to major roadways.
Timmons Market, Goodwill, and other established businesses are nearby. The site also offers access to major roadways.
Key Highlights
- Available spaces of 1,200 SF, 2,000 SF, and 4,000 SF
- Drive‑through option available
- Currently under construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,063
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,260
$341.3K
Cap Rate 7%
$243,757
$243.8K
Cap Rate 9%
$189,589
$189.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$30.0K $15.00/SF
− Vacancy
−$2.7K −$1.35/SF
EGI
$27.3K $13.65/SF
− OpEx
−$10.2K −$5.12/SF
NOI
$17.1K $8.53/SF
Area
Pennington County, SD
Vacancy
9.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,260
Cap Rate 7%
$243,757
Cap Rate 9%
$189,589
Alternative Uses
Best Use
Specialty Retail
$362.6K
$317.3K – $423.0K
NOI $25,380 @ 7.0% cap · market cap 2,538,000.00%
Second Best
Retail
$331.2K
$289.8K – $386.4K
NOI $23,184 @ 7.0% cap · market cap 2,318,400.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 80%
Dining 20%
Goodwill
Apparel
6,569 visits/mo
0.1 miles
Domino's Pizza
Dining
1,594 visits/mo
0.1 miles
Demographics for 57703, SD
16,933
Population
7,476
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
92%
High-School Grad
129.8 sq mi
ZIP Area
130
Density / Sq Mi
$84,495
Median Household Income
$41,342
Median Earnings
$1,394
Median Rent
$250,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A planned retail property offers multiple suite configurations and a drive-through option.
Where is this retail space located?
The property is located at 820 Timmons Blvd Rapid City, SD.
What are key features of this property?
This property features: Available spaces of 1,200 SF, 2,000 SF, and 4,000 SF; Drive‑through option available; Currently under construction
