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900 Concourse Dr Rapid City, SD 57703

900 Concourse Dr, Rapid City, SD, 57703
900 Concourse Drive
900 Concourse Dr, Rapid City, SD, 57703
FOR SALE FOR LEASE
Property Type:
Single Tenant Office
Amount:
$8,000,000
Last Verified:
Oct 10, 2020

Highlights


Description

This remarkable 76,316sf office building on 8 acres is for sale or lease and is located west of Elk Vale Road and with easy access to highway 44/Omaha Street and Interstate 90. Since 2017, the property has undergone nearly $3m in improvements. Enclosed offices range from small "huddle" offices to large conference rooms and are strategically located throughout the building. A series of large, open spaces are currently occupied by multiple sectors of cubicles (negotiable) which could be removed if intended future use did not require them. Over half of the entire footprint saw a complete remodel and the balance saw new flooring and restrooms. Improvements from2017 to 2020 also include a new, full-sized gym (equipment negotiable) and a cardio room and restrooms. A new commercial kitchen with indoor/outdoor dining, self-serve dinette area, and self serve micro-mart were also introduced to the space.
Features: Concrete tilt-up construction with a reinforced concrete slab. Structural steel framing with masonry and concrete encasement.Exterior masonry walls. The roof is a built-up tar and gravel cover. Forced air heating. HVAC air conditioning. Fluorescent and LED lighting. 12cylinder dual-turbo diesel generator w 1500 gallon tank with automatic transfer switch (ATS) and a UPS system allowing for uninterrupted power if traditional power goes out. Drywall interior walls. 2x4 acoustical tile drop-down ceiling at 10' with 15' to bottom of a metal roof truss.Standard office windows; glass in aluminum frames. Wood and glass in metal frame doors. Wet fire sprinkler throughout the building except in the mainframe computer room, which is a dry system. Updated electrical and electronic systems. Security includes an access card system and 24/7 security with motion sensor cameras. Asphalt paving, concrete sidewalks. Pole mounted lights in the parking lot and low maintenance sprinklered landscaping. A new retaining wall on the N side of the parking lot. The parking lot wraps around the entire building for easy flow of larger trucks and regular vehicles. With front and rear access points.Monument style sign at the entrance of the property. 379parking spaces required; 508 spaces provided.

This remarkable 76,316sf office building (75,751 sf leasable space) on 8 acres is for lease at $9.50sf NNN. Located west of Elk Vale Road and with easy access to highway 44/Omaha Street and Interstate 90. Since 2017, the property has undergone nearly $3m in improvements. Enclosed offices range from small "huddle" offices to large conference rooms and are strategically located throughout the building. A series of large, open spaces are currently occupied by multiple sectors of cubicles (negotiable) which could be removed if intended future use did not require them. Over half of the entire footprint saw a complete remodel and the balance saw new flooring and restrooms. Improvements from2017 to 2020 also include a new, full-sized gym (equipment negotiable) and a cardio room and restrooms. A new commercial kitchen with indoor/outdoor dining, self-serve dinette area, and self serve micro-mart were also introduced to the space.

Rushmore Business Park


Year Built: 2000
Building Size: 75751.0sq ft
Building Class: B
Lot Size: 8.0 acres

Units for Lease

900 Concourse Drive
Space Available: 75751 SF
Lease Type: NNN

Price Per Sqft/Year: $9.5

Map of 900 Concourse Dr, Rapid City, SD, 57703

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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