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Exclusively listed by: Keller Williams Realty Black Hills | 2401 West Main Street, Rapid City, SD 57702 | 605.343.7500 | www.RapidCityCommercial.com Chris Long CCIM, Commercial Broker 605.939.4489 [email protected] Tom Rau RE/MAX RESULTS 605.390.2735 [email protected] FLEX SPACE FOR SALE/LEASE 1624 Concourse Court, Rapid City, SD 57703 Updated June 2020 Sale Price: $695,000 Lease Rate: $5.75/SF NNN Tenant responsible for utilities Highlights Great flex space with 10,750 SF of office and 3,250 SF of warehouse 12 private offices and 4 restrooms Several large multi-purpose rooms for conference rooms, training rooms, cubicles, call center or tech support space Parking for 55 vehicles and a fenced-in yard Three (3) 10’ overhead doors access the warehouse One (1) 9’ overhead door to separate storage area on west side Exterior painted in 2015 Possible to subdivide Owner will consider leasehold improvements ammortized over the term of the lease Property Details Building Size: 14,000 SF total 10,750 SF Office 3,250 SF Warehouse Acres: 1.14 Zoning: Light Industrial Year Built: 1997 Legal Description: Concourse Industrial Condo, UNITS 1, 2 & 3 Tax ID: 52408, 52409, 52410 Taxes (2018): $16,851.62 Special Assessment (2018): $359.94 - Storm Water Utilities: Water & Sewer-Rapid City Electric-Black Hills Power Gas-Montana Dakota Utilities

1624 Concourse Court, Rapid City, SD 57703€¦ · Keller Williams Realty lack Hills 2401 West ain Street, Rapid City, SD 57702 605.343.7500 Commercial.com Chris Long CCIM Commercial

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Page 1: 1624 Concourse Court, Rapid City, SD 57703€¦ · Keller Williams Realty lack Hills 2401 West ain Street, Rapid City, SD 57702 605.343.7500 Commercial.com Chris Long CCIM Commercial

Exclusively listed by:

Keller Williams Realty Black Hills | 2401 West Main Street, Rapid City, SD 57702 | 605.343.7500 | www.RapidCityCommercial.com

Chris LongCCIM, Commercial [email protected]

Tom RauRE/MAX [email protected]

FLEX SPACE FOR SALE/LEASE1624 Concourse Court, Rapid City, SD 57703

Updated June 2020

Sale Price: $695,000

Lease Rate: $5.75/SF NNN

Tenant responsible for utilities

Highlights• Great flex space with 10,750 SF of office and 3,250 SF of

warehouse• 12 private offices and 4 restrooms• Several large multi-purpose rooms for conference rooms,

training rooms, cubicles, call center or tech support space• Parking for 55 vehicles and a fenced-in yard• Three (3) 10’ overhead doors access the warehouse• One (1) 9’ overhead door to separate storage area on

west side• Exterior painted in 2015• Possible to subdivide• Owner will consider leasehold improvements ammortized

over the term of the lease

Property Details Building Size: 14,000 SF total 10,750SFOffice 3,250SFWarehouse Acres: 1.14 Zoning: LightIndustrial Year Built: 1997 Legal Description: ConcourseIndustrialCondo,

UNITS1,2&3 Tax ID: 52408, 52409, 52410 Taxes (2018): $16,851.62 Special Assessment (2018): $359.94-StormWater Utilities: Water&Sewer-RapidCity Electric-BlackHillsPower Gas-MontanaDakotaUtilities

Page 2: 1624 Concourse Court, Rapid City, SD 57703€¦ · Keller Williams Realty lack Hills 2401 West ain Street, Rapid City, SD 57702 605.343.7500 Commercial.com Chris Long CCIM Commercial

Your Property...Our PrioritySM

Keller Williams Realty Black Hills | 2401 West Main Street, Rapid City, SD 57702 | 605.343.7500 | www.RapidCityCommercial.com

Disclaimer: The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

FLOOR PLAN1624 Concourse Ct, Rapid City, SD

ENTRANCE

OFFICE

OFFICE OFFICE

BREAKROOM

CONFERENCE

WOMENMEN

A/C

OFFICEOFFICEOFFICE

OFFICE OFFICE

SHIPPING

WOMEN

MEN

MECHANICAL

OFFICE

OFFICE

MECHANICAL

WAREHOUSE

PARKING

LOT

(Southeast)

Page 3: 1624 Concourse Court, Rapid City, SD 57703€¦ · Keller Williams Realty lack Hills 2401 West ain Street, Rapid City, SD 57702 605.343.7500 Commercial.com Chris Long CCIM Commercial

Your Property...Our PrioritySM

Keller Williams Realty Black Hills | 2401 West Main Street, Rapid City, SD 57702 | 605.343.7500 | www.RapidCityCommercial.com

Disclaimer: The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

PHOTOS1624 Concourse Ct, Rapid City, SD

Page 4: 1624 Concourse Court, Rapid City, SD 57703€¦ · Keller Williams Realty lack Hills 2401 West ain Street, Rapid City, SD 57702 605.343.7500 Commercial.com Chris Long CCIM Commercial

Your Property...Our PrioritySM

Keller Williams Realty Black Hills | 2401 West Main Street, Rapid City, SD 57702 | 605.343.7500 | www.RapidCityCommercial.com

Disclaimer: The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

© Rapid City-Pennington County GIS Division

836.7

THIS MAP IS NOT TO BE USED FOR NAVIGATION

NAD_1983_2011_StatePlane_South_Dakota_South_FIPS_4002_Ft_US

Feet836.7

Map Notes:

Legend

This map is a user generated static output from an Internet mapping site and is for

reference only. Data layers that appear on this map may or may not be accurate,

current, or otherwise reliable.

418.370

1: 5,020

Rapid City - Pennington County GISRoads

Interstate

US highway

SD highway

County highway

Main road

Minor arterial

Collector

Ramp

Paved road

Unpaved road

Unimproved road

Trail

Airport Runway

Not yet coded

Section Lines 0-25k0

7

Tax ParcelsLot Lines

<Null>

Lot Line

Parcel Line

Rapid City Planned DevelopmentsRapid City Planned Development DesignationsRapid City Overlay DistrictsRapid City Zoning Districts

Airport Zoning District

Business Park District

Central Business District

Civic Center District

Cement Plant

Flood Hazard District

General Agricultural District

General Commercial District

High Density Residential District

Heavy Industrial District

Hotel-Motel District

Low Density Residential District 1

Low Density Residential District 2

1624 Concourse Ct

Elk Vale Rd Bypass

Downtown Rapid City

Rushmore Crossing

E St. Patrick St

1624 Concourse Ct

LOCATION1624 Concourse Ct, Rapid City, SD

Zoning

©gis.rcgov.org

General Commercial

Low Density Residential

Light Industrial

Page 5: 1624 Concourse Court, Rapid City, SD 57703€¦ · Keller Williams Realty lack Hills 2401 West ain Street, Rapid City, SD 57702 605.343.7500 Commercial.com Chris Long CCIM Commercial

Your Property...Our PrioritySM

Keller Williams Realty Black Hills | 2401 West Main Street, Rapid City, SD 57702 | 605.343.7500 | www.RapidCityCommercial.com

Disclaimer: The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

DEMOGRAPHICSRapid City, SD

Hill City

Custer

Keystone

Hot Springs

Deadwood Sturgis

Spearfish

Sundance

Newcastle

Black Hills National Forest

Custer State Park

Mt. Rushmore

Crazy Horse Monument

Wind Cave National Park

Lead

Badlands National

Park

Box Elder

Hermosa

Ellsworth Air Force

BaseRapid City

Rapid City Rapid City MSA

Rapid CityPUMA

TotalHouseholds 29,700 58,000 75,000TotalPopulation 72,841 143,711 183,168Population%Growth(2016-2017) 0.552% 0.79% 0.637%MedianHouseholdIncome $48,895 $52,683 $51,964Income%Growth(2016-2017) 3.37% 2.32% 2.73%MedianPropertyValue $170,700 $172,600 $170,400PropertyValue%Growth(2016-2017) 2.83% 2.68% 2.59%AverageAge 37.1 38.3 39.1TotalEmployees 35,487 71,933 87,227Employees%Growth(2016-2017) 1.07% 1.21% 1.33%

Welcome to South Dakota and Rapid City!TheMountRushmoreStateofSouthDakotahascarvedasolidreputationforbusinessfriendliness.Itisconsistentlyrankedinthetopfivestatesforsettingupandconductingbusiness.SmallandbigcompaniesalikearediscoveringSouthDakota’scentrallocationandprogressivebusinessclimate.RapidCityisagemofacityinthestate.Locatedinthewest,itissituatedonI-90withdirectaccesstotheBlackHillsandthesurroundingenergyfieldsandistheregionaleconomicandmedicalhubfora200mileradiuscontaining470,000people.RapidCityhasadiverseeconomyofmanythrivingsmallbusinessesboostedbythearea’smajorindustriesoftourism,healthcare,EllsworthAirForceBase,andfinancialcallcenters.

Rapid City Area Key StatsTotalWorkForce ..........................................................................71,933UnemploymentRate ...................................................................... 3.2%Right-to-workLaw ..............................................................................Yes

Employment by Sector:Retail ............................................................................................... 22%Heathcare&SocialAssistance ........................................................ 15%Professional&AdministrativeServices ........................................... 10%Construction ...................................................................................... 9%EducationServices ............................................................................ 7%Manufacturing .................................................................................... 6%Transportation,Warehousing,&Utilities ........................................... 4%

National RankingsSouth Dakota—Best State to Start a Business Fortune, 2018South Dakota—Friendliest State for Small BusinessInc., 2018South Dakota—Best Business Climate in the USWall Street 24/7, 2018South Dakota—Best State for Quality of LifeU.S. News & World Report, 2019South Dakota—Fiscal StabilityU.S. News & World Report, 2019

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