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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

Clear Height
20’
Exterior Dock Doors
2

All Available Spaces(6)

Display Rental Rate as

  • 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

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)
  • 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

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
  • 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

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
  • 1st Floor - Suite 227
  • 1,592 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $38,208 /YR $3,184 /MO
  • Flex
  • -
  • 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
  • 1,418 SF open office area
  • Open office + 1 private office
  • Large windows throughout
  • 1st Floor - Suite 228
  • 929 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $22,296 /YR $1,858 /MO
  • Flex
  • -
  • 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
  • 2 private offices (174 SF and 160 SF)
  • 414 SF conference room
  • Large windows throughout
  • 1st Floor - Suite 229
  • 1,889 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $45,336 /YR $3,778 /MO
  • Flex
  • -
  • 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
  • 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

Building Size
40,000 SF
Lot Size
4.80 AC
Year Built
2020
Zoning
Urban Commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
  • Listing ID: 40927291

  • Date on Market: 6/15/2026

  • Last Updated:

  • Address: 108 E Main St, Rapid City, SD 57701

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