5 Guys Shops @ Rushmore Crossing — Sale in Rapid City, SD

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Rapid City, SD 57701

Photos

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Investment Figures

Cap rate
6.48%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The Subject Property is located at 1325-1329 Eglin Street in Rapid City SD. A 1.82 acre retail pad that consists of 2 separate retail buildings totaling 10,599 rentable SF. The Subject Property has excellent visibility in front of the 700,000 sf "Rushmore Crossing" which is the largest shopping center within a 350 mile radius. Rushmore Crossing is in the Top 1% of most visited in the US (PlacerAI). Rapid City is the county seat of Pennington County, South Dakota. It is located on the eastern slope of the Black Hills in western South Dakota and is the second-most populous city in the state. Rapid City is known as the "Gateway to the Black Hills" and the "City of Presidents". Rapid City is split by a low mountain ridge that divides the city's western and eastern parts, called ‘The Gap.’ Ellsworth Air Force Base is on the city's outskirts. Camp Rapid, part of the South Dakota Army National Guard, is in the city's western part. Rapid City is home to such attractions as Art Alley, Dinosaur Park, the City of Presidents walking tour, Chapel in the Hills, Storybook Island, and Main Street Square. The historic "Old West" town of Deadwood is nearby. In the neighboring Black Hills are the tourist attractions of Mount Rushmore, the Crazy Horse Memorial, Custer State Park, Wind Cave National Park, Jewel Cave National Monument, The Mammoth Site and the museum at the Black Hills Institute of Geological Research. To the city's east is Badlands National Park. Investment Highlights: • High Visibility Pad to 700,000 SF "Rushmore Crossing" - Top 1% Most Visited Retail Centers Nationwide • Built in 2014 - Professional Management in-place • STRONG SALES reported by Nationally Recognized Tenant Base - Non Income Tax State • Located directly off Interstate 90 - Long Term Tenants - Zero Tenant Turnover past 10+ years

Market Context

This retail in Rapid City, SD is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Rapid City, SD — view the full market.

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