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Rapid City, SD NNN Properties for Sale

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Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Hermosa, SD Silver City, SD Hill City, SD
Three-Asset NNN Property Portfolio
Updated: Jun 30
Three-Asset NNN Property Portfolio

2316 Mount Rushmore Road, Rapid City, SD 57701

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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 hot listings in Rapid City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Auto Shop Property with NNN Leases
Auto Shop Property with NNN Leases

1625 DELL RANGE BLVD, Cheyenne, WY 82009

$1,950,000
7,760 sqft 0.75 AC lot

Established automotive businesses occupy a steel commercial property with absolute triple net lease terms.

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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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Industrial Property Portfolio
Industrial Property Portfolio

7712 W Yellowstone Hwy, Casper, WY 82604

$579,900

Two occupied industrial properties carry NNN leases, alongside a separate parcel for potential repositioning.

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Two-Tenant NNN Industrial Properties
Two-Tenant NNN Industrial Properties

3019 Salt Creek Highway, Casper, WY 82601

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Two single-tenant industrial properties include additional land designated for future development.

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Rapid City, SD Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Rapid City, SD on our real estate platform.

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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%

Total CRE Inventory on Market (SF)

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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