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    909 Saint Patrick St Rapid City, SD 57701

    Sponsored
    For Lease
    $10 SF/Yr

    Rapid City, SD Office Space for Lease

    Lot size:
    32,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office space, located within the Midland Shopping Center at 909 E Saint Patrick St, Rapid City, SD 57701, offers a prime opportunity for businesses seeking versatile and well-appointed accommodations. The property, situated on 2.43 acres and boasting a total of 32,400 square feet, underwent a complete renovation in 2023. Currently available is 4,875 square feet of office space, divisible to accommodate various business needs. The space features 19 individual offices, many equipped with sinks, and offers access to a shared entry/waiting area. The building provides both front and rear access, ensuring convenient entry and exit. Ample parking is available for tenants and their clients. Individual office spaces are available for lease, with a minimum one-year lease term. The building's zoning is commercial, allowing for a range of uses, including traditional office and medical office spaces. Built in 1965, this property benefits from recent upgrades, combining classic charm with modern functionality. The location on Saint Patrick St, near Saint Joseph St, provides excellent visibility and accessibility within a busy commercial area. Some existing furniture may be available. This is an ideal location for businesses seeking a well-maintained, conveniently located, and adaptable office space in Rapid City.

    Property Features for 909 Saint Patrick St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,400 SF
    Total Rate
    27000

    Building Details

    Year Built/Renovated
    1965/2023
    Buildings
    1

    Unit(s) available at that property

    Space
    Suite 7
    Size
    4,895 SF
    Rate per SF
    $10
    Space
    Individual Office
    Size
    300 SF
    Rate per SF
    $12

    HighLights

    • High‑traffic location on E. St. Patrick St, near E. St. Joseph.
    • Strong synergy with neighboring businesses including a casino, two salons, and offices, with O'Reilly Auto Parts opening Fall 2024.
    • Versatile open space suitable for various uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Boyds Drug Mart Drug Store Western Resources for Independent ... Contractor Black Hills Center ... Non-Profit Organization SD Dept of health Medical Clinic Happy Jacks-East Casino

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.2012528
    Latitude
    44.0666649

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    FAQs

    What type of property is this?
    Medical office - Rapid City, SD Office Space for Lease
    Where is this medical office located?
    The property is located at 909 Saint Patrick St Rapid City, SD.
    What is the lease rate?
    The lease rate is $10-$12 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location on E. St. Patrick St, near E. St. Joseph.; Strong synergy with neighboring businesses including a casino, two salons, and offices, with O'Reilly Auto Parts opening Fall 2024.; Versatile open space suitable for various uses.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    909 Saint Patrick St Rapid City, SD 57701
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