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Investment Highlights

  • Strategic location south of Hwy 44
  • 800 AMP Panel - 3 Phase
  • 5 Loading Docks

Executive Summary

Located just off Highway 44 near Western Dakota Tech, this 13,568 SF industrial warehouse offers excellent access to Elk Vale Road/Hwy 16 Bypass and Campbell Street/Hwy 79. Previously used by US Foods and most recently for wine production, the property is equipped with infrastructure to support large refrigeration bays. The building includes 10,400 SF of warehouse space with five exterior loading docks—four 9'x8' with bumpers, one 9'x10'—and an 8'x10' drive-in overhead door, as well as 3,168 SF of finished office space featuring a conference room, break area, lab, locker room, and open work area. Sitting on a 2.23-acre lot with ample outdoor storage, the property also includes 3-phase power with an 800-amp panel which opens the door to being a great manufacturing facility. The property is also available for lease at $9.00/SF NNN.

Property Facts

Price $1,575,000
Price Per SF $116.08
Sale Type Investment
Property Type
Industrial
  • Industrial Distribution
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class B
Lot Size 2.23 AC
Rentable Building Area 13,568 SF
No. Stories 1
Year Built 1995
Tenancy Single
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 1
Zoning Light Industrial

Amenities

  • Breakroom

Utilities

  • Lighting
  • Gas
  • Water - City
  • Sewer - City
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 13,568 SF
  • Industrial
  • -
  • Now

Located just off Highway 44 near Western Dakota Tech, this 13,568 SF industrial warehouse offers excellent access to Elk Vale Road/Hwy 16 Bypass and Campbell Street/Hwy 79. Previously used by US Foods and most recently for wine production, the property is equipped with infrastructure to support large refrigeration bays. The building includes 10,400 SF of warehouse space with five exterior loading docks—four 9'x8' with bumpers, one 9'x10'—and an 8'x10' drive-in overhead door, as well as 3,168 SF of finished office space featuring a conference room, break area, lab, locker room, and open work area. Sitting on a 2.23-acre lot with ample outdoor storage, the property also includes 3-phase power with an 800-amp panel which opens the door to being a great manufacturing facility. Available for $9.00/sf NNN. The property is also available for sale.

Space Size Space Use Condition Available
1st Floor 13,568 SF Industrial - Now

1st Floor

Size
13,568 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 13,568 SF
Space Use Industrial
Condition -
Available Now

Located just off Highway 44 near Western Dakota Tech, this 13,568 SF industrial warehouse offers excellent access to Elk Vale Road/Hwy 16 Bypass and Campbell Street/Hwy 79. Previously used by US Foods and most recently for wine production, the property is equipped with infrastructure to support large refrigeration bays. The building includes 10,400 SF of warehouse space with five exterior loading docks—four 9'x8' with bumpers, one 9'x10'—and an 8'x10' drive-in overhead door, as well as 3,168 SF of finished office space featuring a conference room, break area, lab, locker room, and open work area. Sitting on a 2.23-acre lot with ample outdoor storage, the property also includes 3-phase power with an 800-amp panel which opens the door to being a great manufacturing facility. Available for $9.00/sf NNN. The property is also available for sale.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0055859
Land Assessment
$194,300
Improvements Assessment
$798,300
Total Assessment
$992,600
  • Listing ID: 39802366

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 940 Kennel Dr, Rapid City, SD 57703

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