132,365 Square Foot Office Space For Sale @ 1400 Turbine Dr

1400 Turbine Dr, Rapid City, SD 57703

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Nick G.

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Property tours are available by appointment. Please contact the listing broker to schedule a tour. Investment Highlights: * Two-story call center/office, currently 100% occupied by two tenants under NNN leases * Well-located in the main commercial corridor near I-90, with excellent highway access * Great tenants, low LL responsibilities; enhance value through stabilizing expirations * East side of Rapid City with close access to Interstate 90 * Cooling - Outside Chillers (waiting on confirmation of new chiller specs) * Hot Water – ten Weil-Mclain 346,000 BTU boilers circulated by 3 Bell & Gossett Pumps * Air Handing- Five McQuay air handling units, Landis & Gyr System 600 Controls * Security card access system, fire alarm along with a Emergency Broadcast System * Generator – 1,250 KW Caterpillar diesel backup generator installed in 1998 * Construction: Cement panel shell construction, Two story, 68,500 sf floor plates Two elevators, six stairwells 17 ADA bathrooms Investment Overview: The offering is a two-story, 132,365 SF office building located at 1400 Turbine Drive in Rapid City, SD. 100% occupied by two tenants under NNN leases, the building is currently being used as a call center. Situated on 15 acres, the improvements were constructed in 1989, renovated in 1995, and a 30,000 SF expansion was completed in 1996. There is abundant parking for 1,300 vehicles. The property, positioned on the east side of Rapid City, offers excellent access to Interstate 90 and benefits from its central location in the primary commercial corridor. New ownership will have quality tenants and a steady, recurring income stream with minimal landlord responsibilities. There is future potential to enhance value through renewing leases at market rental rates upon expiration.

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Availability: Now

Listing ID: 1079815


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Sale Price: Contact for price

Size: 132,365 square feet

Type: Office Space

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