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David Lust Accelerator Building 108 E Main St 929 - 11,728 SF of Flex Space Available in Rapid City, SD 57701



Highlights
- 13,780 SF available across first- and second-floor high-bay, lab, and office opportunities
- Second-floor options include finished office suites from 929–1,889 SF with open office, private office, and conference room layouts
- Shared amenities include lobby areas, meeting rooms, huddle and enclave rooms, restrooms, copy/break room, central mailbox, elevator access, and app
- First-floor options include a 1,773 SF high-bay workspace, two 2,052 SF lab suites, and a 3,493 SF office block planned for subdivision into 5–6 turnk
- $16.00–$24.00/SF/YR gross lease; utilities included
- Co-tenants include Daktronics, Sanford Underground Research Foundation, Direct Companies, Wildfire Labs, Secure Compliance, and Adrenaline Analytics
Features
All Available Spaces(6)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Two 2,052 SF first-floor lab suites planned for vanilla shell delivery, available independently or together. Each suite includes overhead door access, floor drain, large exterior windows, and a $10.00/SF tenant improvement allowance. Gross lease, utilities included ($2,736/month per suite; $5,472/month combined).
- Listed rate may not include certain utilities, building services and property expenses
- Available independently or together
- $10.00/SF TI allowance (each suite)
- Two 2,052 SF vanilla shell lab suites
- Overhead door access; floor drain (each suite)
3,493 SF first-floor office block planned for subdivision into five to six individual turnkey office suites ranging from 500–600 SF each. Each suite will have a dedicated hallway entry door, finished interiors, and natural light from large windows running the full length of the north wall. Gross lease, utilities included (approximately $1,020/suite/month).
- Listed rate may not include certain utilities, building services and property expenses
- 5–6 individual suites planned
- Finished turnkey interiors
- 500–600 SF per individual suite
- Dedicated hallway entry doors
- Natural light from north-facing windows
1,773 SF first-floor high-bay workspace with 29' clear ceiling height and 14' clearance below the mezzanine. Functional mix of open workspace and built-in offices; the mezzanine includes three offices and a connecting hall. The suite has a 10' x 10' overhead door, separate exterior entry, floor drain, three-phase 208V/120V dedicated power, and large windows. Gross lease, utilities included ($2,364/month).
- Listed rate may not include certain utilities, building services and property expenses
- 10' x 10' overhead door; separate exterior entry
- Mezzanine with 3 offices + connecting hall
- 29' clear ceiling height; 14' clearance below
- Three-phase 208V/120V dedicated power
- ? Floor drain; large windows
1,592 SF second-floor suite with a 1,418 SF open office area and one private office. Large windows throughout. Gross lease, utilities included ($3,184/month).
- Listed rate may not include certain utilities, building services and property expenses
- 1,418 SF open office area
- Open office + 1 private office
- Large windows throughout
929 SF second-floor suite with a 414 SF conference room, two private offices (174 SF and 160 SF), and an internal corridor. Large windows throughout. Gross lease, utilities included ($1,858/month).
- Listed rate may not include certain utilities, building services and property expenses
- 2 private offices (174 SF and 160 SF)
- 414 SF conference room
- Large windows throughout
1,889 SF second-floor suite with six private offices ranging from 135 to 174 SF and a 793 SF open work area. Large windows throughout. Gross lease, utilities included ($3,778/month).
- Listed rate may not include certain utilities, building services and property expenses
- 793 SF open work area
- 6 private offices (135–174 SF each)
- Large windows throughout
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor - North Labs 1 & 2 | 2,052 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $32,832 /YR $2,736 /MO | Flex | - | Now |
| 1st Floor - South Office Suites | 3,493 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $73,353 /YR $6,113 /MO | Flex | - | Now |
| 1st Floor - Suite 103 — High Bay | 1,773 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $28,368 /YR $2,364 /MO | Flex | - | Now |
| 1st Floor - Suite 227 | 1,592 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $38,208 /YR $3,184 /MO | Flex | - | Now |
| 1st Floor - Suite 228 | 929 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $22,296 /YR $1,858 /MO | Flex | - | Now |
| 1st Floor - Suite 229 | 1,889 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $45,336 /YR $3,778 /MO | Flex | - | Now |
1st Floor - North Labs 1 & 2
| Size |
| 2,052 SF |
| Term |
| Negotiable |
| Rental Rate |
| $16.00 /SF/YR $1.33 /SF/MO $32,832 /YR $2,736 /MO |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1st Floor - South Office Suites
| Size |
| 3,493 SF |
| Term |
| Negotiable |
| Rental Rate |
| $21.00 /SF/YR $1.75 /SF/MO $73,353 /YR $6,113 /MO |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1st Floor - Suite 103 — High Bay
| Size |
| 1,773 SF |
| Term |
| Negotiable |
| Rental Rate |
| $16.00 /SF/YR $1.33 /SF/MO $28,368 /YR $2,364 /MO |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1st Floor - Suite 227
| Size |
| 1,592 SF |
| Term |
| Negotiable |
| Rental Rate |
| $24.00 /SF/YR $2.00 /SF/MO $38,208 /YR $3,184 /MO |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1st Floor - Suite 228
| Size |
| 929 SF |
| Term |
| Negotiable |
| Rental Rate |
| $24.00 /SF/YR $2.00 /SF/MO $22,296 /YR $1,858 /MO |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1st Floor - Suite 229
| Size |
| 1,889 SF |
| Term |
| Negotiable |
| Rental Rate |
| $24.00 /SF/YR $2.00 /SF/MO $45,336 /YR $3,778 /MO |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1st Floor - North Labs 1 & 2
| Size | 2,052 SF |
| Term | Negotiable |
| Rental Rate | $16.00 /SF/YR |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
Two 2,052 SF first-floor lab suites planned for vanilla shell delivery, available independently or together. Each suite includes overhead door access, floor drain, large exterior windows, and a $10.00/SF tenant improvement allowance. Gross lease, utilities included ($2,736/month per suite; $5,472/month combined).
- Listed rate may not include certain utilities, building services and property expenses
- Two 2,052 SF vanilla shell lab suites
- Available independently or together
- Overhead door access; floor drain (each suite)
- $10.00/SF TI allowance (each suite)
1st Floor - South Office Suites
| Size | 3,493 SF |
| Term | Negotiable |
| Rental Rate | $21.00 /SF/YR |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
3,493 SF first-floor office block planned for subdivision into five to six individual turnkey office suites ranging from 500–600 SF each. Each suite will have a dedicated hallway entry door, finished interiors, and natural light from large windows running the full length of the north wall. Gross lease, utilities included (approximately $1,020/suite/month).
- Listed rate may not include certain utilities, building services and property expenses
- 500–600 SF per individual suite
- 5–6 individual suites planned
- Dedicated hallway entry doors
- Finished turnkey interiors
- Natural light from north-facing windows
1st Floor - Suite 103 — High Bay
| Size | 1,773 SF |
| Term | Negotiable |
| Rental Rate | $16.00 /SF/YR |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
1,773 SF first-floor high-bay workspace with 29' clear ceiling height and 14' clearance below the mezzanine. Functional mix of open workspace and built-in offices; the mezzanine includes three offices and a connecting hall. The suite has a 10' x 10' overhead door, separate exterior entry, floor drain, three-phase 208V/120V dedicated power, and large windows. Gross lease, utilities included ($2,364/month).
- Listed rate may not include certain utilities, building services and property expenses
- 29' clear ceiling height; 14' clearance below
- 10' x 10' overhead door; separate exterior entry
- Three-phase 208V/120V dedicated power
- Mezzanine with 3 offices + connecting hall
- ? Floor drain; large windows
1st Floor - Suite 227
| Size | 1,592 SF |
| Term | Negotiable |
| Rental Rate | $24.00 /SF/YR |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
1,592 SF second-floor suite with a 1,418 SF open office area and one private office. Large windows throughout. Gross lease, utilities included ($3,184/month).
- Listed rate may not include certain utilities, building services and property expenses
- Open office + 1 private office
- 1,418 SF open office area
- Large windows throughout
1st Floor - Suite 228
| Size | 929 SF |
| Term | Negotiable |
| Rental Rate | $24.00 /SF/YR |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
929 SF second-floor suite with a 414 SF conference room, two private offices (174 SF and 160 SF), and an internal corridor. Large windows throughout. Gross lease, utilities included ($1,858/month).
- Listed rate may not include certain utilities, building services and property expenses
- 414 SF conference room
- 2 private offices (174 SF and 160 SF)
- Large windows throughout
1st Floor - Suite 229
| Size | 1,889 SF |
| Term | Negotiable |
| Rental Rate | $24.00 /SF/YR |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
1,889 SF second-floor suite with six private offices ranging from 135 to 174 SF and a 793 SF open work area. Large windows throughout. Gross lease, utilities included ($3,778/month).
- Listed rate may not include certain utilities, building services and property expenses
- 6 private offices (135–174 SF each)
- 793 SF open work area
- Large windows throughout
Property Overview
The David Lust Accelerator Building at 108 E Main St is a two-story, 40,000 SF workspace campus in downtown Rapid City with 13,780 SF available across high-bay, lab, and office opportunities. All spaces are offered on a gross lease with utilities included, with rates from $16.00–$24.00/SF/YR. Shared amenities include lobby areas, meeting rooms, huddle and enclave rooms, restrooms, copy/break room, central mailbox, elevator access, and approximately 100 on-site parking spaces. Co-tenants include Daktronics, Sanford Underground Research Foundation, Direct Companies, Wildfire Labs, Secure Compliance, and Adrenaline Analytics. On-site resources include Elevate Rapid City, the Governor's Office of Economic Development (West River), and the South Dakota Ellsworth Development Authority. Built 2020; 2 stories; Urban Commercial zoning.
Property Facts
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David Lust Accelerator Building | 108 E Main St
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