Remarks

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.

Details

MLS#: 79805
Price: $1,049,000

Style: CI Land w/Building
Sq Ft: 5527
Year Built: 2001

Subdivision: South Boulevard Subdivision