106 South Chicago Hot Springs SD 57747

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entire Black Hills region!

Property Information
Price $1,049,000.00

MLS
#79805
Price
$1,049,000.00
Type
CI Land w/Building
Area
Rapid City Southeast
Selling
N/A
Legal Ownership
Limited Liability Company
Current Use
Office
Liquor License
No
Malt Beverage
No
Number of Acres
0.56
Total Bldg Sq Ft
5527
Parking Spaces
20
Building Levels
2
Year Built
2001

625 Flormann Street, Rapid City

Beautifully remodeled and well maintained single tenant NNN investment property located in Rapid City medical corridor. After being purchased and extensively remodeled in 2019 specifically for the tenant use, the location provides counseling and treatment services for substance abuse. Tenant is a subsidiary of QuickMD who purchased the business in March 2024. Current lease expires 5/31/2025, with the tenant having five 5-year renewal options. Building includes 4 large offices, 4 consultation rooms, 3 restrooms, breakroom/kitchenette, parking lot with 20 parking spots, and a 1,495 SF basement (renovated in 2023) that serves as extra work space. Equipped with key card entry and security throughout. The property previously operated as a bank, so the building has a fully functioning vault and 4 drive thru lanes, currently used for additional parking.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Keller Williams Realty Black Hills Rc, Phone: 605-343-7500
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706