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625 Flormann

Rapid City, SD 57701
  • $1,049,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 168165
UPDATED: 119 min ago
$1,049,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,527
    SQFT
  • $190
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

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.

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© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. Data last updated: 2024-05-24T23:17:13.413.
www.rapidcityhomes4sale.com/homes/149614345
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625 Flormann Rapid City, SD 57701

  • Price: $1,049,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 119 min ago
  • MLS #: 168165
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,527
SQFT
$190
$/SQFT
Neighborhood:
Southeast
County:
Pennington
Area:
Southeast
Property Description
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.
Exterior Features

Exterior Walls Brick Parking Asphalt/Off-StreetConcrete/Off-Street Road Frontage City/County Roofing Tile View CityTrees

Interior Features

Basement FinishedFull Ceiling Height 8-11 feet Cooling Central Flooring CarpetWood Foundation Poured Heating Forced Air Interior Walls Sheetrock

Property Features

Auction YN No Building Use Office Commercial Type Office Leased 100% Meters Master Physical Condition Excellent Quality Excellent Safety Features Burglar AlarmFire AlarmSmoke DetectorSprinkler System Sale Or Lease For Sale Services City SewerCity WaterElectricityNatural Gas

© 2024 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Christopher Long of KELLER WILLIAMS REALTY BLACK HILLS: 605-343-7500.


© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. Data last updated: 2024-05-24T23:17:13.413.
 
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Engel & Voelkers Black Hills LLC
517 Main Street
Rapid City SD, 57701