3460 Jet Dr - Warehouse FOR SALE


Rapid City, SD 57703
$2,900,000 USD
605-939-4489
3460 Jet Dr, Rapid City, SD for Sale
$2,900,000 USD
Warehouse - FOR SALE
1/7
null | Request Cap Rate

3460 Jet Dr
Rapid City, SD 57703


OVERVIEW

This newly constructed 24,000 SF light industrial development is currently in active lease-up with strong tenant demand and projected gross potential rent of $282,000 at stabilization. The property consists of four 6,000 SF warehouse buildings designed for multi-tenant use and demisable into 2,000 SF units. Each unit includes 16’ sidewalls, a 14’ x 14’ overhead door, heated interior space, and a private restroom. The site supports semitruck circulation, paved parking, and optional gravel yard areas Located near I-90 Exit 61 (Elk Vale Road / SD-79) within Rapid City’s established Elk Vale industrial corridor, the property provides convenient interstate access for local and regional users. NNN lease structures and remaining lease-up capacity create a clear path to stabilized income with additional upside through future yard or lot utilization. For additional information or to schedule a showing, contact Dan Logan at 605-593-7980.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.93

LAND SF

127,631

ZONING

Light Industrial

APN/PARCEL ID

3804403001

ASK ABOUT THIS PROPERTY

Chris LongKW Commercial Rapid CityMore Info
605-939-4489

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Chris LongKW Commercial Rapid CityMore Info
605-939-4489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.