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Block 5 Retail

525 St Joseph Street, Rapid City, SD
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Retail Space for Lease

Space Available
6,240 SF +/- (subdividable)
Price / SF
$24.00 / SF NNN
Est. NNN
$7.75 / SF
TIA
$50.00 / SF
Location Highlights
Block 5 is a vibrant and dynamic mixed-use development in Rapid City, South Dakota at the intersection of Main Street and 5th Street. Anchored by a 117-room Hyatt Place hotel, the 10-story project seamlessly blends residential, commercial and visitor space. The first floor includes 7,000+ square feet of retail space in addition to the hotel lobby and 5,000 square feet of meeting space.

The Hyatt Place will occupy floors two through four with the top five floors being residential offering a mix of 132 studio, one, and two-bedroom apartments. The development is set to open in the spring of 2025.
Description
  • The development proudly holds its position within the heart of the vibrant downtown entertainment district, ensuring easy access to an array of captivating shops, lively establishments, and an abundance of cultural attractions.

  • The Block 5 development will present an array of 132 luxurious studio through two-bedroom apartments, designed for an exceptional living experience. 
  • Block 5 will proudly accommodate the esteemed Hyatt Place, providing a selection of 117 upscale hotel rooms spanning across two floors. This sophisticated establishment will offer an exquisite and expansive lobby, exuding an atmosphere of refined luxury. Additionally, it will boast an impressive 5,000 square feet of meticulously designed meeting space, tailored to cater to the distinctive needs of esteemed clientele. 

Usage
Raquel Blount, SIOR
Raquel Blount, SIOR
Vice President of Commercial Real Estate & Broker Associate | 605.728.9092
Jordan Rieffenberger, CCIM, SIOR
Jordan Rieffenberger, CCIM, SIOR
Director of Commercial Real Estate & Responsible Broker | 605.275.4258

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