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Highlights

  • 271–2,052 SF office, lab, and high-bay lease options
  • 2,052 SF lab suites available individually or together
  • 271 SF second-floor office with two private offices
  • 1,773 SF high-bay suite with overhead door access
  • 500–600 SF planned first-floor turnkey office suites
  • $16.00–$24.00/SF/YR gross; utilities included

Features

Clear Height
20’
Exterior Dock Doors
2

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor - South Office Suites
  • 3,493 SF
  • Negotiable
  • $21.00 /SF/YR $1.75 /SF/MO $73,353 /YR $6,113 /MO
  • Flex
  • Shell Space
  • 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
  • 29' clear ceiling height; 14' clearance below
  • Three-phase 208V/120V dedicated power
  • Floor drain; large windows
  • Space is in Excellent Condition
  • 10' x 10' overhead door; separate exterior entry
  • Mezzanine with 3 offices + connecting hall
  • 1st Floor - Suite 227
  • 1,592 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $38,208 /YR $3,184 /MO
  • Flex
  • -
  • Pending

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
  • Large windows throughout
  • Space is in Excellent Condition
  • 1,418 SF open office area
  • 1st Floor - Suite 228
  • 929 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $22,296 /YR $1,858 /MO
  • Flex
  • -
  • Pending

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
  • 271 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $6,504 /YR $542.00 /MO
  • Flex
  • -
  • Now

2 private offices adjacent to an open work area on the second floor. $542/month for both offices, gross lease, utilities included.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • $542/month for both
  • Includes 271 SF of dedicated office space
  • 2 private offices (136 & 135 SF each)
  • Adjacent to coworking space
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor - South Office Suites 3,493 SF Negotiable $21.00 /SF/YR $1.75 /SF/MO $73,353 /YR $6,113 /MO Flex Shell Space 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 - Pending
1st Floor - Suite 228 929 SF Negotiable $24.00 /SF/YR $2.00 /SF/MO $22,296 /YR $1,858 /MO Flex - Pending
1st Floor - Suite 229 271 SF Negotiable $24.00 /SF/YR $2.00 /SF/MO $6,504 /YR $542.00 /MO Flex - 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
Shell Space
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
Pending

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
Pending

1st Floor - Suite 229

Size
271 SF
Term
Negotiable
Rental Rate
$24.00 /SF/YR $2.00 /SF/MO $6,504 /YR $542.00 /MO
Space Use
Flex
Build-Out
-
Available
Now
Spaces are matched based on search filters: space use, price, and size
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor - North Lab 2
  • 2,052 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $32,832 /YR $2,736 /MO
  • Industrial
  • Shell Space
  • 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 - North Labs 1 & 2
  • 2,052 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $32,832 /YR $2,736 /MO
  • Industrial
  • Shell Space
  • 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
  • Shell Space
  • 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
  • 29' clear ceiling height; 14' clearance below
  • Three-phase 208V/120V dedicated power
  • Floor drain; large windows
  • Space is in Excellent Condition
  • 10' x 10' overhead door; separate exterior entry
  • Mezzanine with 3 offices + connecting hall
  • 1st Floor - Suite 227
  • 1,592 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $38,208 /YR $3,184 /MO
  • Flex
  • -
  • Pending

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
  • Large windows throughout
  • Space is in Excellent Condition
  • 1,418 SF open office area
  • 1st Floor - Suite 228
  • 929 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $22,296 /YR $1,858 /MO
  • Flex
  • -
  • Pending

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
  • 271 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $6,504 /YR $542.00 /MO
  • Flex
  • -
  • Now

2 private offices adjacent to an open work area on the second floor. $542/month for both offices, gross lease, utilities included.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • $542/month for both
  • Includes 271 SF of dedicated office space
  • 2 private offices (136 & 135 SF each)
  • Adjacent to coworking space
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor - North Lab 2 2,052 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $32,832 /YR $2,736 /MO Industrial Shell Space Now
1st Floor - North Labs 1 & 2 2,052 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $32,832 /YR $2,736 /MO Industrial Shell Space 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 Shell Space 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 - Pending
1st Floor - Suite 228 929 SF Negotiable $24.00 /SF/YR $2.00 /SF/MO $22,296 /YR $1,858 /MO Flex - Pending
1st Floor - Suite 229 271 SF Negotiable $24.00 /SF/YR $2.00 /SF/MO $6,504 /YR $542.00 /MO Flex - Now

1st Floor - North Lab 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
Industrial
Build-Out
Shell Space
Available
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
Industrial
Build-Out
Shell Space
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
Shell Space
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
Pending

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
Pending

1st Floor - Suite 229

Size
271 SF
Term
Negotiable
Rental Rate
$24.00 /SF/YR $2.00 /SF/MO $6,504 /YR $542.00 /MO
Space Use
Flex
Build-Out
-
Available
Now

1st Floor - North Lab 2

Size 2,052 SF
Term Negotiable
Rental Rate $16.00 /SF/YR
Space Use Industrial
Build-Out Shell Space
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 - North Labs 1 & 2

Size 2,052 SF
Term Negotiable
Rental Rate $16.00 /SF/YR
Space Use Industrial
Build-Out Shell Space
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 Shell Space
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
  • Space is in Excellent Condition
  • 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 Pending

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
  • Space is in Excellent Condition
  • 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 Pending

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 271 SF
Term Negotiable
Rental Rate $24.00 /SF/YR
Space Use Flex
Build-Out -
Available Now

2 private offices adjacent to an open work area on the second floor. $542/month for both offices, gross lease, utilities included.

  • Listed rate may not include certain utilities, building services and property expenses
  • Includes 271 SF of dedicated office space
  • Space is in Excellent Condition
  • 2 private offices (136 & 135 SF each)
  • $542/month for both
  • Adjacent to coworking space

Property Overview

The David Lust Accelerator Building at 108 E Main St is a two-story, 40,000 SF workspace environment near downtown Rapid City offering office, lab, and high-bay lease options from 271 to 2,052 SF. Available spaces include a 1,773 SF high-bay workspace, two 2,052 SF lab suites, planned 500–600 SF first-floor offices, and 271 SF of finished second-floor office space configured as two private offices. Lease rates range from $16.00–$24.00/SF/YR gross with utilities included. Tenants have access to shared lobby areas, meeting rooms, huddle and enclave rooms, restrooms, copy/break areas, central mailbox service, elevator access, and approximately 100 on-site parking spaces. The property is zoned Urban Commercial.

Property Facts

Building Size
40,000 SF
Lot Size
4.80 AC
Year Built
1972
Sprinkler System
Wet
Zoning
Urban Commercial - Urban Commercial

Select Tenants

  • Floor
  • Tenant Name
  • 1st
  • Elevate Rapid City
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
  • Listing ID: 40927291

  • Date on Market: 6/16/2026

  • Last Updated:

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

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