1225 Eglin StRapid City, SD 57701

Property Details for 1225 Eglin St

Year built

2008

Lot size

4.93 AC

Property size (Sq ft)

68,622 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

21-29-351-012

APU

2129351012

Description

Rushmore Crossing, located at 1225 Eglin St, Rapid City, SD 57701, presents a unique investment opportunity in a dominant retail location. This 700,000 square foot super regional power center is the only one within a 350-mile radius, ensuring high visibility and significant market dominance in Pennington County. The property sits on a substantial 125-acre lot, offering ample space and potential for future expansion. Currently, there are six available spaces, ranging from a minimum of 3,200 square feet to a maximum contiguous space of 25,000 square feet. A total of 69,400 square feet is currently vacant, providing immediate opportunities for new tenants. This prime retail space is ideally suited for a variety of businesses seeking high traffic and strong regional draw. The property's strategic location in Rapid City, South Dakota, offers excellent access and visibility, making it an attractive option for businesses looking to establish or expand their presence in this thriving market. The scale of this power center, coupled with its unique regional position, presents a compelling investment opportunity with significant long-term potential. Contact us today to learn more about the available spaces and explore the possibilities at Rushmore Crossing.

• CAP approach

  CAP return

  Valuation

  6%

  $24,101,382

  6.5%

  $22,247,430

  7%

  $20,658,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $45,408,648

  Geo Method

  $14,287,265

• Alternative Use

  Use

  Valuation

  Residential

  $18,766,538

  Hospitality

  $17,190,048

  Educational

  $14,301,919

  Medical

  $14,793,784

  Retail

  $22,247,430

Location Insight

City

Rapid City

County

Pennington

State

South Dakota

Latitude

44.0994

Longitude

-103.191

CBSA code

39660

CBSA name

RAPID CITY, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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