Multiple NNN Property For Sale — Rapid City, SD
This NNN investment opportunity is located in Rapid City, a core regional market and commercial hub for the Black Hills and a multi-state trade area encompassing western South Dakota, northeastern Wyoming, and portions of Nebraska and Montana. This strategic location supports long-term tenant performance and durable cash flow. The property is positioned on Haines Avenue, south of Interstate 90, benefiting from average daily traffic counts exceeding 35,000 vehicles. This prime location offers exceptional visibility, ease of access, and sustained customer traffic, which are key drivers of tenant sales and lease longevity. Haines Avenue is a major north–south arterial connecting I-90 to downtown Rapid City and the city’s primary medical corridor. In 2024 and 2025, the property underwent exte…
- Asking price $9.06M
- 7.50% cap rate
- NOI $679,500
- 12 years remaining
- NNN lease
Asset type: Retail