Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

3460 Jet Dr 24,000 SF Industrial Building Rapid City, SD 57703 $3,964,967 CAD ($165.21 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Executive Summary

This newly constructed 24,000 SF light industrial development is currently in active lease-up with strong tenant demand and projected gross potential rent of $282,000 at stabilization. The property consists of four 6,000 SF warehouse buildings designed for multi-tenant use and demisable into 2,000 SF units. Each unit includes 16’ sidewalls, a 14’ x 14’ overhead door, heated interior space, and a private restroom. The site supports semitruck circulation, paved parking, and optional gravel yard areas Located near I-90 Exit 61 (Elk Vale Road / SD-79) within Rapid City’s established Elk Vale industrial corridor, the property provides convenient interstate access for local and regional users. NNN lease structures and remaining lease-up capacity create a clear path to stabilized income with additional upside through future yard or lot utilization. For additional information or to schedule a showing, contact Dan Logan at 605-593-7980.

Taxes & Operating Expenses (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026)

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $56,912,756
Annual Per SF $4,742.73

Property Facts

Price $3,964,967 CAD
Price Per SF $165.21 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.93 AC
Rentable Building Area 24,000 SF
No. Stories 1
Year Built 2025
No. Drive In / Grade-Level Doors 3
Zoning Light Industrial

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - Unit 1
  • 2,000 SF
  • Industrial
  • -
  • Now

This newly constructed light industrial development offers warehouse units designed to accommodate a wide range of users. Available suite sizes include 2,000 SF, 4,000 SF, and 6,000 SF, with the ability to combine spaces as needed. Each unit features a clear-span warehouse layout with 16-foot sidewalls, a 14’ x 14’ overhead door, heated interiors, and a private restroom. The site supports efficient circulation and semi-truck access, making it suitable for service, contractor, and light industrial uses. Lease Rate $8.50/SF/YR and NNN (Est.) $2.00/SF/YR View the property video tour at: https://youtu.be/0X86gaJPrRE

  • 1st Fl - Unit 2
  • 4,000 SF
  • Industrial
  • -
  • Now

This newly constructed light industrial development offers warehouse units designed to accommodate a wide range of users. Available suite sizes include 2,000 SF, 4,000 SF, and 6,000 SF, with the ability to combine spaces as needed. Each unit features a clear-span warehouse layout with 16-foot sidewalls, a 14’ x 14’ overhead door, heated interiors, and a private restroom. The site supports efficient circulation and semi-truck access, making it suitable for service, contractor, and light industrial uses. Lease Rate $8.50/SF/YR and NNN (Est.) $2.00/SF/YR View the property video tour at: https://youtu.be/0X86gaJPrRE

  • 1st Fl - Unit 3
  • 6,000 SF
  • Industrial
  • -
  • Now

This newly constructed light industrial development offers warehouse units designed to accommodate a wide range of users. Available suite sizes include 2,000 SF, 4,000 SF, and 6,000 SF, with the ability to combine spaces as needed. Each unit features a clear-span warehouse layout with 16-foot sidewalls, a 14’ x 14’ overhead door, heated interiors, and a private restroom. The site supports efficient circulation and semi-truck access, making it suitable for service, contractor, and light industrial uses. Lease Rate $8.50/SF/YR and NNN (Est.) $2.00/SF/YR View the property video tour at: https://youtu.be/0X86gaJPrRE

Space Size Space Use Condition Available
1st Fl - Unit 1 2,000 SF Industrial - Now
1st Fl - Unit 2 4,000 SF Industrial - Now
1st Fl - Unit 3 6,000 SF Industrial - Now

1st Fl - Unit 1

Size
2,000 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Unit 2

Size
4,000 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Unit 3

Size
6,000 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Unit 1

Size 2,000 SF
Space Use Industrial
Condition -
Available Now

This newly constructed light industrial development offers warehouse units designed to accommodate a wide range of users. Available suite sizes include 2,000 SF, 4,000 SF, and 6,000 SF, with the ability to combine spaces as needed. Each unit features a clear-span warehouse layout with 16-foot sidewalls, a 14’ x 14’ overhead door, heated interiors, and a private restroom. The site supports efficient circulation and semi-truck access, making it suitable for service, contractor, and light industrial uses. Lease Rate $8.50/SF/YR and NNN (Est.) $2.00/SF/YR View the property video tour at: https://youtu.be/0X86gaJPrRE

1st Fl - Unit 2

Size 4,000 SF
Space Use Industrial
Condition -
Available Now

This newly constructed light industrial development offers warehouse units designed to accommodate a wide range of users. Available suite sizes include 2,000 SF, 4,000 SF, and 6,000 SF, with the ability to combine spaces as needed. Each unit features a clear-span warehouse layout with 16-foot sidewalls, a 14’ x 14’ overhead door, heated interiors, and a private restroom. The site supports efficient circulation and semi-truck access, making it suitable for service, contractor, and light industrial uses. Lease Rate $8.50/SF/YR and NNN (Est.) $2.00/SF/YR View the property video tour at: https://youtu.be/0X86gaJPrRE

1st Fl - Unit 3

Size 6,000 SF
Space Use Industrial
Condition -
Available Now

This newly constructed light industrial development offers warehouse units designed to accommodate a wide range of users. Available suite sizes include 2,000 SF, 4,000 SF, and 6,000 SF, with the ability to combine spaces as needed. Each unit features a clear-span warehouse layout with 16-foot sidewalls, a 14’ x 14’ overhead door, heated interiors, and a private restroom. The site supports efficient circulation and semi-truck access, making it suitable for service, contractor, and light industrial uses. Lease Rate $8.50/SF/YR and NNN (Est.) $2.00/SF/YR View the property video tour at: https://youtu.be/0X86gaJPrRE

Property Taxes

Property Taxes

Parcel Number
3804403001
Land Assessment
$349,464 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$349,464 CAD (2025)
  • Listing ID: 39631018

  • Date on Market: 2026-03-02

  • Last Updated:

  • Address: 3460 Jet Dr, Rapid City, SD 57703

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}