106 South Chicago Hot Springs SD 57747

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Serving the

entire Black Hills region!

Property Information
Price $3,300,000.00

MLS
#170392
Price
$3,300,000.00
Type
Industrial
Area
Southeast
Selling
For Sale
Total Bldg Sq Ft
20172

3602 CAMBELL ST, Rapid City

10.5 acres of heavy industrial with highway frontage and can be zoned down to fit buyer’s needs in prime Rapid City location. Steel framed shop 124x60 (7,440 SF) with 16ft side walls and framed office space. The shop has one 14x14 and one 10x10 overhead doors with Ray Vac heating. The North half is leased at $3,000 per month on a 30-day lease. 6.4 acres is leased to Blake's Trailer Services at $81,360 annually paid monthly through 10/15/2025. Blake's then has 2 five-year options to extend lease. The lease is increased 5% per year plus the increase in in Real Estate Taxes. Blake's building is 8,412 SF. Blake's has a 72hr first right of refusal on the purchase. A third tenant pays $900/month for trailer parking. There is an additional building (4,320 SF) building that will be vacant at closing and can be used for cold storage. The other buildings will be removed, and the site will be cleaned up prior to closing.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Premier Properties, Llc, Phone:
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706