Beautifully remodeled and well maintained single tenant NNN investment property located in Rapid City medical corridor. After being purchased and extensively remodeled in 2019 specifically for the tenant use, the location provides counseling and treatment services for substance abuse. Tenant is a subsidiary of QuickMD who purchased the business in March 2024. Current lease expires 5/31/2025, with the tenant having five 5-year renewal options. Building includes 4 large offices, 4 consultation rooms, 3 restrooms, breakroom/kitchenette, parking lot with 20 parking spots, and a 1,495 SF basement (renovated in 2023) that serves as extra work space. Equipped with key card entry and security throughout. The property previously operated as a bank, so the building has a fully functioning vault and 4 drive thru lanes, currently used for additional parking.
Property Details
Price:
$999,000
MLS #:
79805
Status:
Active
Baths:
0
Address:
625 Flormann Street
Type:
Commercial
Subdivision:
South Boulevard Subdivision
Neighborhood:
rapidcitysoutheast
City:
Rapid City
Listed Date:
Apr 16, 2024
State:
SD
Finished Sq Ft:
5,527
ZIP:
57701
Lot Size:
24,393 sqft / 0.56 acres (approx)
Year Built:
2001
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Schools
Interior
B A S E M E N T/ S U B S T R U C T
Full Basement, Completely Finished
H E A T I N G
Forced Air
Exterior
C O N S T R U C T I O N
Concrete
E X T R A S
Fireplace, Kitchen Area, Restrooms
P A R K I N G
Parking Lot
Financial
U T I L I T I E S- S E W E R
City ( At Site)
Map
Community
- Address625 Flormann Street Rapid City SD
- AreaRapid City Southeast
- SubdivisionSouth Boulevard Subdivision
- CityRapid City
- Zip Code57701
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Courtesy of Keller Williams Realty Black Hills RC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Dakota Home and Ranch Real Estate include the name of the listing broker. Neither the listing company nor Dakota Home and Ranch Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. . All rights reserved.
625 Flormann Street
Rapid City, SD
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