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Luna Landing Retail Center 1225 Luna ave 1,200 - 14,320 SF of Retail Space Available in Rapid City, SD 57701
Highlights
- 14,320 SF new-construction commercial development; 7 suites from 1,200 to 3,600 SF; suites combinable
- Suite 1: 1,500 SF drive-thru-capable corner end-cap
- Suite 7: 2,520 SF north end-cap commercial suite
- Designed for retail, office, medical, restaurant, service, and franchise tenants; General Commercial zoning
- Suite 3: 3,600 SF restaurant-ready anchor suite with optional fenced outdoor patio
- 115 on-site parking spaces; 6 ADA stalls; 2.2-acre corner site
Space Availability (7)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Suite 1 | 1,500 SF | 5 Years | $27.00 /SF/YR $2.25 /SF/MO $40,500 /YR $3,375 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Suite 2 | 1,500 SF | 5 Years | $27.00 /SF/YR $2.25 /SF/MO $40,500 /YR $3,375 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Suite 3 | 3,600 SF | 5 Years | $25.00 /SF/YR $2.08 /SF/MO $90,000 /YR $7,500 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Suite 4 | 2,000 SF | 5 Years | $25.00 /SF/YR $2.08 /SF/MO $50,000 /YR $4,167 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Suite 5 | 1,200 SF | 5 Years | $27.00 /SF/YR $2.25 /SF/MO $32,400 /YR $2,700 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Suite 6 | 2,000 SF | 5 Years | $25.00 /SF/YR $2.08 /SF/MO $50,000 /YR $4,167 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Suite 7 | 2,520 SF | 5 Years | $27.00 /SF/YR $2.25 /SF/MO $68,040 /YR $5,670 /MO | Triple Net (NNN) |
1st Floor, Ste Suite 1
Suite 1 is a 1,500 SF drive-thru-capable corner end-cap leasing at $27.00/SF/YR NNN. Estimated NNN expenses are $5.00/SF/YR. Delivered vanilla shell with a $20.00/SF TI allowance. Minimum lease term is 5 years. 115 on-site parking spaces. October 2026 delivery.
- Lease rate does not include utilities, property expenses or building services
- 1,500 SF corner end-cap with drive-thru capability
- High-visibility position at Luna Ave and E Anamosa
- Vanilla shell delivery; $20.00/SF TI allowance
- 115 on-site parking spaces; 5-year minimum term
1st Floor, Ste Suite 2
Suite 2 is a 1,500 SF interior suite leasing at $25.00/SF/YR NNN. Estimated NNN expenses are $5.00/SF/YR. Delivered vanilla shell with a $20.00/SF TI allowance. Minimum lease term is 5 years. 115 on-site parking spaces. October 2026 delivery.
- Lease rate does not include utilities, property expenses or building services
- 1,500 SF interior suite in new-construction bld
- Flexible layout for retail, medical or serivice us
- Vanilla shell delivery; $20.00/SF TI allowance
- 115 on-site parking spaces; 5-year minimum term
1st Floor, Ste Suite 3
Suite 3 is the 3,600 SF anchor suite leasing at $25.00/SF/YR NNN. Designed for a restaurant concept with the option for a fenced outdoor patio. Estimated NNN expenses are $5.00/SF/YR. Delivered vanilla shell with a $20.00/SF TI allowance. Minimum lease term is 5 years. 115 on-site parking spaces. October 2026 delivery.
- Lease rate does not include utilities, property expenses or building services
- 3,600 SF center anchor: largest suite in the devel
- Restaurant-ready layout with optional fenced outdo
- Vanilla shell delivery; $20.00/SF TI allowance
- 115 on-site parking spaces; 5-year minimum term
1st Floor, Ste Suite 4
Suite 4 is a 2,000 SF interior suite leasing at $25.00/SF/YR NNN. Estimated NNN expenses are $5.00/SF/YR. Delivered vanilla shell with a $20.00/SF TI allowance. Minimum lease term is 5 years. 115 on-site parking spaces. October 2026 delivery.
- Lease rate does not include utilities, property expenses or building services
- 2,000 SF interior suite in new-construction bldg
- Flexible layout for retail, office, medical, or se
- Vanilla shell delivery; $20.00/SF TI allowance
- 115 on-site parking spaces; 5-year minimum term
1st Floor, Ste Suite 5
Suite 5 is a 1,200 SF interior suite: the smallest footprint in the development: leasing at $27.00/SF/YR NNN. Estimated NNN expenses are $5.00/SF/YR. Delivered vanilla shell with a $20.00/SF TI allowance. Minimum lease term is 5 years. 115 on-site parking spaces. October 2026 delivery.
- Lease rate does not include utilities, property expenses or building services
- 1,200 SF interior suite: smallest footprint in the
- Suited for boutique retail, office, medical, or ps
- Vanilla shell delivery; $20.00/SF TI allowance
- 115 on-site parking spaces; 5-year minimum term
1st Floor, Ste Suite 6
Suite 6 is a 2,000 SF interior suite leasing at $25.00/SF/YR NNN. Estimated NNN expenses are $5.00/SF/YR. Delivered vanilla shell with a $20.00/SF TI allowance. Minimum lease term is 5 years. 115 on-site parking spaces. October 2026 delivery.
- Lease rate does not include utilities, property expenses or building services
- 2,000 SF interior suite in new-construction buildi
- Flexible layout for retail, office, medical, or se
- Vanilla shell delivery; $20.00/SF TI allowance
- 115 on-site parking spaces; 5-year minimum term
1st Floor, Ste Suite 7
Suite 7 is the 2,520 SF north end-cap suite leasing at $27.00/SF/YR NNN. Estimated NNN expenses are $5.00/SF/YR. Delivered vanilla shell with a $20.00/SF TI allowance. Minimum lease term is 5 years. 115 on-site parking spaces. October 2026 delivery.
- Lease rate does not include utilities, property expenses or building services
- 2,520 SF north end-cap: prominent position in the
- Larger end-cap footprint for retail, office, medic
- Vanilla shell delivery; $20.00/SF TI allowance
- 115 on-site parking spaces; 5-year minimum term
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Property Facts
| Total Space Available | 14,320 SF | Gross Leasable Area | 14,320 SF |
| Property Type | Retail | Year Built | 2026 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 14,320 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,320 SF |
| Year Built | 2026 |
About the Property
Luna Landing is a 14,320 SF new-construction commercial development at 1225 Luna Ave in Rapid City, SD. The project delivers seven suites on a 2.2-acre corner site at Luna Ave and E Anamosa St, zoned General Commercial. Suites range from 1,200 to 3,600 SF and are available individually or in combination. Suite 1 is a drive-thru-capable corner end-cap. Suite 3 is the 3,600 SF restaurant-ready anchor suite with an outdoor patio option. Suite 7 is the north end-cap commercial suite. All suites deliver vanilla shell with a $20.00/SF TI allowance and a 5-year minimum term. Delivery anticipated October 2026. The development is located adjacent to Walmart and Rushmore Crossing in Rapid City's primary retail corridor near I-90 and E Anamosa St. The corridor includes Target, Sam's Club, Fleet Farm, Scheels, Ross, Boot Barn, Five Guys, Panera, and national brands. Traffic counts reach 37,590 VPD on I-90 and 16,157 VPD on N LaCrosse St. The final extension of E Anamosa St was approved, and a future lighted intersection is planned.
Nearby Major Retailers
Presented by
Luna Landing Retail Center | 1225 Luna ave
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