High-visibility, income-producing retail investment located on Haines Avenue just south of Interstate 90 in Rapid City, SD. This 121,440 SF property sits on 9.03 acres at a signalized corner with traffic counts exceeding 35,000 vehicles per day, offering exceptional access and exposure along a primary north–south corridor.
The asset is anchored by established national tenants NAPA Auto Parts and Planet Fitness, both operating under new 12-year NNN leases with renewal options, providing stable, long-term cash flow. Recent capital improvements (2024–2025) include interior renovations, updated lighting, exterior paint, and parking lot resurfacing.
Offered at a 7.50% Year One cap rate, this property presents a strong passive investment opportunity in the Black Hills’ primary regional trade hub.