525 St Joseph St Rapid City, SD 57701

This exceptional retail opportunity is located within Block 5, a vibrant mixed-use development in Rapid City, South Dakota, at the highly visible intersection of Main Street and 5th Street. The development, set to open in Spring 2025, boasts a 10-story building anchored by a 117-room Hyatt Place hotel. This Class A property offers multiple retail spaces ranging from 1,565 square feet to 6,240 square feet, totaling over 7,000 square feet of retail space on the first floor. The building's prime location within the downtown entertainment district provides unparalleled access to a wealth of shops, restaurants, and cultural attractions. The development also includes 132 luxury studio, one, and two-bedroom apartments on the upper floors, creating a dynamic and densely populated environment. The Hyatt Place hotel itself features a spacious lobby and 5,000 square feet of meeting space, further enhancing the foot traffic and visibility for retail tenants. This is a unique opportunity to establish a presence in a brand-new, high-profile development in a thriving South Dakota city. The building was constructed in 2023 and is situated in Pennington County. Four spaces are currently available.