Hobby Lobby Center | Rapid City, SD 57701
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Hobby Lobby Center
Rapid City, SD 57701
Hobby Lobby Center- 100% Occupied- Value Add · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased Hobby Lobby Anchored Retail Shopping Center - Multi Tenant (3) NNN Leases
- Best in Class Anchor Hobby Lobby - Largest Privately Owned Arts-and-Crafts Retailer
- Each Tenant Sits on Individual Parcel for Break-up Strategy - Potential Outparcel Value Add!
- Main & Main Retail Trade Area for City - Adjacent to Uptown Rapid Mall (680K SF)
- Rapid City is Gateway to Mt. Rushmore - 2nd Largest City in South Dakota o Abundant Resources
- Diverse Tenant Mix - Staggered Lease Terms - Below Market Rents - Long Term Income Growth
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
120,276 SF
Building Class
B
Year Built/Renovated
1979/1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.60
Lot Size
4.61 AC
Zoning
SC-2 - Wholesale
Parking
259 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
413’ on East Disk Drive
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 0048168 | Improvements Assessment | $2,686,100 |
| Land Assessment | $627,900 | Total Assessment | $3,314,000 |
PROPERTY TAXES
Parcel Number
0048168
Land Assessment
$627,900
Improvements Assessment
$2,686,100
Total Assessment
$3,314,000
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET
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