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Map ViewSatellite ViewRetail Space for Lease
Space Available
1,655 SF +/-
Price / SF
$24.00 / SF NNN
Est. NNN
$7.02 / SF
TIA
$50.00 / SF
Location Highlights
Block 5 is located in downtown Rapid City at the corner of Main Street and 5th Street placing it at the center of the city’s entertainment and business district. Downtown Rapid City is home to 1,800 residents and 4,700 employees, creating steady activity and demand for retail. Popular attractions nearby include Art Alley, The Monument event center, Hotel Alex Johnson, Firehouse Brewing Company, and a variety of local coffee shops and restaurants. Rapid City attracts millions of visitors each year with its tourism draw and is supported by a strong healthcare system anchored by Monument Health. The combination of local traffic, regional draw, and national tourism makes Block 5 a high-visibility location for retailers.
Description
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One suite remains in shell condition with a generous Tenant Improvement Allowance available for qualified tenants
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Floor-to-ceiling windows along Main Street
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Onsite amenities include parking, a top-of-the-line fitness center, community spaces, lounge and office area, mailroom, and more
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Confirmed first-floor retailers include Toastique (gourmet toast & juice bar), Overland Sheepskin Co., and Melanie’s Optical Boutique
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Block 5 Lofts feature 132 luxury studio, one-, and two-bedroom apartments across the top six floors
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Hyatt Place hotel offers 117 upscale guest rooms across floors two through four
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5,000 SF of thoughtfully designed meeting and event space within the development
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The development completed construction in May 2025
- In 2024, downtown attracted 975,700 out-of-market visitors, contributing an estimated $424M in tourism dollars
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