Premier Mixed-Use Retail
For Lease
Contact for pricing
525 St Joseph St, Rapid City, SD 57701
Class A retail space in downtown Rapid City.
Space Size1,655 SF
Property Size87,750 SF
Days on Market1047
Property Features for 525 St Joseph St
General Information
Standard status
Active
Size
1,655 SF
Class
A
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
87,750 SF
Year Built
2024
Tenancy
Multiple
Spaces For Lease
at 525 St Joseph St Contact us- Size
- 1,655 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
3
Listing Agency:
Lloyd Companies
(605) 231-1654
Listed By:
Jordan Rieffenberger, CCIM · License #SD 14932
Source:
Crexi
Added: Oct 10, 2023
Changed: Aug 19
Last Checked: Aug 20 at 2:55PM
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 Lloyd Companies
Investment Insights
Based on property information with market context.
Located at the corner of Main Street and 5th Street in downtown Rapid City, Block 5 is a mixed-use development offering retail space. The property is anchored by a 117-room Hyatt Place hotel and 132 luxury apartments. The first-floor retail suites total more than 7,000 square feet, with current tenants including Toastique, Overland Sheepskin Co., and Melanie’s Optical Boutique. One suite remains in shell condition and has a tenant improvement allowance available. Block 5 is the first new downtown development in over 50 years.
Key Highlights
- Prime Class A retail space in downtown Rapid City's premier mixed‑use destination (Block 5).
- Anchored by a 117‑room Hyatt Place hotel and 132 luxury apartments, providing a built‑in customer base.
- Located at the high‑traffic corner of Main Street and 5th Street.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Explore this area
Business Placement
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Class A retail space in downtown Rapid City.
Where is this retail space located?
The property is located at 525 St Joseph St Rapid City, SD.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime Class A retail space in downtown Rapid City's premier mixed‑use destination (Block 5).; Anchored by a 117‑room Hyatt Place hotel and 132 luxury apartments, providing a built‑in customer base.; Located at the high‑traffic corner of Main Street and 5th Street.
