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1902 N Lacrosse St - Les Schwab Tire Center - Rapid City, SD 1.47 Acres of Commercial Land Offered at $4,588,018 CAD in Rapid City, SD 57701
Investment Highlights
- 2026 construction investment leased to one of the nation's leading tire and automotive service retailers.
- New 20-year Triple Net Ground Lease offering investors a passive ownership structure with no landlord maintenance or expense responsibilities.
- Positioned at the signalized intersection of N Lacrosse Street and Interstate 90, one of Rapid City's primary retail and commuter corridors.
- Leased to Les Schwab Tire Centers, a premier regional automotive retailer with 600+ locations throughout the Western United States.
- Located within a newly developed retail project alongside Chipotle, Chick-fil-A, and Panda Express, creating a strong complementary tenant mix.
Executive Summary
We are pleased to exclusively offer for sale the 10,000 SF Les Schwab Tire Center located at 1902 N Lacrosse Street in Rapid City, SD. This investment features a brand-new construction property leased to one of the nation's leading tire and automotive service retailers. The property is secured by a new 20-year Absolute Triple Net (NNN) Ground Lease, providing investors with a passive ownership opportunity, zero landlord maintenance or expense responsibilities, and stable, long-term cash flow.
In Cooperation With ParaSell, Inc. , A Licensed South Dakota Broker – Lic. #SD #15266 BoR: Scott Reid – Lic. SD #18503
In Cooperation With ParaSell, Inc. , A Licensed South Dakota Broker – Lic. #SD #15266 BoR: Scott Reid – Lic. SD #18503
Property Facts
| Price | $4,588,018 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.47 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C - Commercial | ||
| Price | $4,588,018 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.47 AC |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $4,588,018 CAD | Lot Size | 1.47 AC |
| Price Per AC | $3,121,100.75 CAD |
| Price | $4,588,018 CAD |
| Price Per AC | $3,121,100.75 CAD |
| Lot Size | 1.47 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0062844 | Improvements Assessment | $12,043,622 CAD |
| Land Assessment | $2,460,540 CAD | Total Assessment | $14,504,162 CAD |
Property Taxes
Parcel Number
0062844
Land Assessment
$2,460,540 CAD
Improvements Assessment
$12,043,622 CAD
Total Assessment
$14,504,162 CAD
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1902 N Lacrosse St - Les Schwab Tire Center - Rapid City, SD
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