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    Rapid City, SD
    NNN

    Rapid City, SD NNN Properties for Sale

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    Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    Single-Tenant NNN Day Care Facility
    Updated: Jul 24
    Single-Tenant NNN Day Care Facility

    1620 Concourse Court, Rapid City, SD 57703

    $900,000
    4,920 sqft 0.80 AC lot
    4,920 SF single‑tenant NNN leased building fully leased to Kindred Spirits, LLC (Lil Friends Learning Center of RC).
    Lease runs through January 31, 2034 (about seven years remaining on the initial term) with 2 additional 3‑year renewal options.
    True NNN structure: tenant responsibility for real estate taxes, insurance, repairs, maintenance, and capital replacement.
    Base rent increases 5% annually; property fully remodeled in 2021.
    Childcare setup includes reception area, full kitchen, five care rooms, multiple restrooms, and a fire protection system.
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    Three-Asset NNN Property Portfolio
    Updated: Jun 30
    Three-Asset NNN Property Portfolio

    2316 Mount Rushmore Road, Rapid City, SD 57701

    Contact for pricing
    Three‑property Sonic Drive‑In portfolio
    Assets located in South Dakota’s first- and second‑largest cities
    NNN leases with 9+ years remaining
    Annual rent increases included in the leases
    Rapid City asset at 2316 Mount Rushmore Road
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    See what stands out in Pennington County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    NNN Office Property with Private Offices
    NNN Office Property with Private Offices

    139 W 3rd Street, Chadron, NE 69337

    $230,000
    3,928 sqft 0.09 AC lot

    Remodeled commercial space with a three-year NNN lease and multiple dedicated offices.

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    NNN Property with Private Offices
    NNN Property with Private Offices

    139 W 3rd Street, Chadron, NE 69337

    $230,000
    3,928 sqft

    Updated finishes and multiple private offices accompany an existing triple-net lease.

    View details
    Take 5 Oil Change NNN Property
    Take 5 Oil Change NNN Property

    2628 Dell Range Blvd, Cheyenne, WY 82009

    Contact for pricing
    1,710 sqft

    Newly constructed automotive service property leased on an absolute NNN basis with scheduled rent increases and renewal options.

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    NNN Office Property
    NNN Office Property

    245 STOREY BLVD, Cheyenne, WY 82009

    $3,800,000
    9,636 sqft 0.69 AC lot

    Absolute NNN lease with a corporate guarantee and remaining extension term.

    View details

    Rapid City, SD Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 4,920 square feet of properties for sale, with an estimated market value of $900,000.

    Sale prices for triple net lease properties in Rapid City, SD average $900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57703 $900K

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $31.57 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Pennington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Pennington County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Rapid City, SD

    • 57701
    • 57703

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