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    Rapid City, SD NNN Properties for Sale

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    Box Elder, SD Summerset, SD Piedmont, SD Black Hawk, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    Single-Tenant NNN Day Care Facility
    Updated: Jul 17
    Single-Tenant NNN Day Care Facility

    1620 Concourse Ct, 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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Triple Net Automotive Retail Investment
    Triple Net Automotive Retail Investment

    1625 DELL RANGE BLVD, Cheyenne, WY 82009

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

    Two absolute triple-net leases offer established business tenancies along Dell Range Boulevard in Cheyenne.

    View details
    ADA-Compliant Office Building
    ADA-Compliant Office Building

    245 STOREY BLVD, Cheyenne, WY 82009

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

    Absolute NNN office property leased through an existing extension, featuring multiple offices, conference rooms, training space, and elevator access.

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    Burger King Absolute NNN Restaurant
    Burger King Absolute NNN Restaurant

    3102 Yorktown Dr, Bismarck, ND 58503

    $1,584,053
    3,788 sqft

    Burger King restaurant with an approximately 12-year absolute triple net lease and annual percentage rent.

    View details
    Condo Shop With Storage Options
    Condo Shop With Storage Options

    3224 Airway Avenue, Bismarck, ND 58504

    $316,900
    2,040 sqft

    Condo shop units include a 14x14 overhead door, 16-foot sidewalls, and optional individually secured fenced storage.

    View details

    Rapid City, SD Nnn Properties Market Trends and Statistics

    Explore 1 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%

    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)

    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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