Hobby Lobby Center - Freestanding FOR SALE
Rapid City, SD 57701 |
Hobby Lobby Center
Rapid City, SD 57701
HIGHLIGHTS
- 100% Leased Hobby Lobby Anchored Retail Shopping Center - Multi Tenant (3) NNN Leases
- Main & Main Retail Trade Area for City - Adjacent to Uptown Rapid Mall (680K SF)
- Best in Class Anchor Hobby Lobby - Largest Privately Owned Arts-and-Crafts Retailer
- Rapid City is Gateway to Mt. Rushmore - 2nd Largest City in South Dakota o Abundant Resources
- Each Tenant Sits on Individual Parcel for Break-up Strategy - Potential Outparcel Value Add!
- Diverse Tenant Mix - Staggered Lease Terms - Below Market Rents - Long Term Income Growth
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Hobby Lobby Center- 100% Occupied- Value Add
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Drug Store, Fast Food, Movie Theatre
TOTAL BUILDING SIZE
120276
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
259
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0048168
