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  1. Industrial Space
  2. SD
  3. Black Hills
  4. Rapid City

108 E Main St

For Lease 7,589 SF

108 East Main Street, Rapid City, SD 57701

The David Lust Accelerator Building at 108 E Main St is a two-story, 40,000 SF workspace environment near downtown Rapid City offering office, lab, and high-bay lease options from 271 to 2,052 SF. Available spaces include a 1,773 SF high-bay workspace, two 2,052 SF lab suites, planned 500–600 SF first-floor offices, and 271 SF of finished second-floor office space configured as two private offices.

Lease rates range from $16.00–$24.00/SF/YR gross with utilities included. Tenants have access to shared lobby areas, meeting rooms, huddle and enclave rooms, restrooms, copy/break areas, central mailbox service, elevator access, and approximately 100 on-site parking spaces. The property is zoned Urban Commercial.

Rental Details

  • Number of spaces 4
  • Total square feet available 7,589 SF
  • For Lease $16.00 - $24.00/SF/YR
  • Space Type Industrial
  • Lease Type Modified Gross
  • Latest Update Sep 8, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

4 Spaces Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
1st Floor Office Suites Industrial $21.00/SF/YR 3,493 SF - Modified Gross

1st Floor Office Suites

Space Type

Industrial

Lease Rate

$21.00/SF/YR

Additional Rent

Price on request

Total Space Available

3,493 SF

Lease Type

Modified Gross

Sublease

No

Turnkey

No

Space Description: 3,493 SF first-floor office block planned for subdivision into five to six individual turnkey office suites ranging from 500–600 SF each. Each suite will have a dedicated hallway entry door, finished interiors, and natural light from large windows running the full length of the north wall. Gross lease, utilities included (approximately $1,020/suite/month). Space Highlights: ? 500–600 SF per individual suite ? 5–6 individual suites planned ? Dedicated hallway entry doors ? Finished turnkey interiors; natural light from north-facing windows

HVAC

None

North Labs 1 & 2 Industrial $16.00/SF/YR 2,052 SF - Modified Gross

North Labs 1 & 2

Space Type

Industrial

Lease Rate

$16.00/SF/YR

Additional Rent

Price on request

Total Space Available

2,052 SF

Lease Type

Modified Gross

Sublease

No

Turnkey

No

Space Description: Two 2,052 SF first-floor lab suites planned for vanilla shell delivery, available independently or together. Each suite includes overhead door access, floor drain, large exterior windows, and a $10.00/SF tenant improvement allowance. Gross lease, utilities included ($2,736/month per suite; $5,472/month combined). Space Highlights: ? Two 2,052 SF vanilla shell lab suites ? Available independently or together ? Overhead door access; floor drain (each suite) ? $10.00/SF TI allowance (each suite)

HVAC

None

Suite 103 — High Bay Industrial $16.00/SF/YR 1,773 SF - Modified Gross

Suite 103 — High Bay

Space Type

Industrial

Lease Rate

$16.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,773 SF

Attachments

View Attachment

Lease Type

Modified Gross

Sublease

No

Turnkey

No

Space Description: 1,773 SF first-floor high-bay workspace with 29' clear ceiling height and 14' clearance below the mezzanine. Functional mix of open workspace and built-in offices; the mezzanine includes three offices and a connecting hall. The suite has a 10' x 10' overhead door, separate exterior entry, floor drain, three-phase 208V/120V dedicated power, and large windows. Gross lease, utilities included ($2,364/month). Space Highlights: ? 29' clear ceiling height; 14' clearance below mezzanine ? 10' x 10' overhead door; separate exterior entry ? Three-phase 208V/120V dedicated power ? Mezzanine with 3 offices + connecting hall ? Floor drain; large windows

HVAC

None

Suite 229 Industrial $24.00/SF/YR 271 SF - Modified Gross

Suite 229

Space Type

Industrial

Lease Rate

$24.00/SF/YR

Additional Rent

Price on request

Total Space Available

271 SF

Lease Type

Modified Gross

Sublease

No

Turnkey

No

Space Description: 1,889 SF second-floor suite with six private offices ranging from 135 to 174 SF and a 793 SF open work area. Large windows throughout. Gross lease, utilities included ($3,778/month). Space Highlights: ? 6 private offices (135–174 SF each) ? 793 SF open work area ? Large windows throughout

HVAC

None

1st Floor Office Suites

Space Type
Industrial
Lease Rate
$21.00/SF/YR
Total Space
3,493 SF
Lease Type
Modified Gross
Space Type

Industrial

Lease Rate

$21.00/SF/YR

Additional Rent

Price on request

Total Space Available

3,493 SF

Lease Type

Modified Gross

Sublease

No

Turnkey

No

Space Description: 3,493 SF first-floor office block planned for subdivision into five to six individual turnkey office suites ranging from 500–600 SF each. Each suite will have a dedicated hallway entry door, finished interiors, and natural light from large windows running the full length of the north wall. Gross lease, utilities included (approximately $1,020/suite/month). Space Highlights: ? 500–600 SF per individual suite ? 5–6 individual suites planned ? Dedicated hallway entry doors ? Finished turnkey interiors; natural light from north-facing windows

HVAC

None

North Labs 1 & 2

Space Type
Industrial
Lease Rate
$16.00/SF/YR
Total Space
2,052 SF
Lease Type
Modified Gross
Space Type

Industrial

Lease Rate

$16.00/SF/YR

Additional Rent

Price on request

Total Space Available

2,052 SF

Lease Type

Modified Gross

Sublease

No

Turnkey

No

Space Description: Two 2,052 SF first-floor lab suites planned for vanilla shell delivery, available independently or together. Each suite includes overhead door access, floor drain, large exterior windows, and a $10.00/SF tenant improvement allowance. Gross lease, utilities included ($2,736/month per suite; $5,472/month combined). Space Highlights: ? Two 2,052 SF vanilla shell lab suites ? Available independently or together ? Overhead door access; floor drain (each suite) ? $10.00/SF TI allowance (each suite)

HVAC

None

Suite 103 — High Bay

Space Type
Industrial
Lease Rate
$16.00/SF/YR
Total Space
1,773 SF
Lease Type
Modified Gross
Space Type

Industrial

Lease Rate

$16.00/SF/YR

Additional Rent

Price on request

Total Space Available

1,773 SF

Attachments

View Attachment

Lease Type

Modified Gross

Sublease

No

Turnkey

No

Space Description: 1,773 SF first-floor high-bay workspace with 29' clear ceiling height and 14' clearance below the mezzanine. Functional mix of open workspace and built-in offices; the mezzanine includes three offices and a connecting hall. The suite has a 10' x 10' overhead door, separate exterior entry, floor drain, three-phase 208V/120V dedicated power, and large windows. Gross lease, utilities included ($2,364/month). Space Highlights: ? 29' clear ceiling height; 14' clearance below mezzanine ? 10' x 10' overhead door; separate exterior entry ? Three-phase 208V/120V dedicated power ? Mezzanine with 3 offices + connecting hall ? Floor drain; large windows

HVAC

None

Suite 229

Space Type
Industrial
Lease Rate
$24.00/SF/YR
Total Space
271 SF
Lease Type
Modified Gross
Space Type

Industrial

Lease Rate

$24.00/SF/YR

Additional Rent

Price on request

Total Space Available

271 SF

Lease Type

Modified Gross

Sublease

No

Turnkey

No

Space Description: 1,889 SF second-floor suite with six private offices ranging from 135 to 174 SF and a 793 SF open work area. Large windows throughout. Gross lease, utilities included ($3,778/month). Space Highlights: ? 6 private offices (135–174 SF each) ? 793 SF open work area ? Large windows throughout

HVAC

None

Contacts

broker
Chris Long

KW Commercial | Black Hills

broker
Dan Logan

KW Commercial | Black Hills

broker
Gina Plooster

KW Commercial | Black Hills

Building Details

  • For Lease $16.00 - $24.00/SF/YR
  • Property Type Industrial
  • Property Size 9,641 SF
  • Lot Size 4.8 Acre
  • Additional Rent Price on request
  • # of Floors 2
  • Property Tenancy Multi-Tenant
  • Year Built 2020
  • Date Updated Sep 8, 2026
  • HVAC

    None

Location

  • City Rapid City, SD
  • Neighborhood Park
  • Zip Code 57701
  • Map
  • Street
  • Walk score 72/100 Very Walkable
  • Bike score 72/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Sinclair

0.14 miles

Holiday

0.19 miles

Corner Pantry

0.65 miles

Maverik

0.75 miles

Tidal

0.79 miles

BJ's

0.93 miles

Phillips 66

0.95 miles

Conoco

1.00 miles

Big D

1.05 miles

Tesla Destination Charger

1.82 miles

Comfort Inn & Suites Parking

1.84 miles

Employee Parking

3.37 miles

Golf Course

3.38 miles

Truck Parking

3.83 miles

Fishing

3.94 miles

South Parking Lot

4.07 miles

North Parking Lot

4.15 miles

Boat Ramp/Fishing

4.28 miles

Tot Lot

7.19 miles

Rental Car Parking

7.97 miles

Fire Station 1

0.18 miles

Public Safety Building

0.44 miles

Lincare

0.61 miles

Community Health Center of the Black Hills

0.93 miles

The Medicine Shoppe

1.03 miles

Advanced Care Pharmacy

1.06 miles

The Physical Therapy Center

1.23 miles

Walgreens

1.27 miles

Medical Arts Clinic

1.27 miles

Advanced Dermatology Center

1.28 miles

Hardrocker Dining Hall

0.32 miles

Einstein Bros. Bagels

0.43 miles

Thai Thai

0.60 miles

Hardee's

0.60 miles

Domino's

0.61 miles

Great Wall Restaurant

0.63 miles

Que Pasa

0.64 miles

Tandoor Bocado

0.67 miles

Botticelli Ristorante

0.69 miles

Tally's Silver Spoon

0.71 miles

Listing Summary

  • The Price for Industrial Space at 108 East Main Street

    As is true of most real estate, the asking price for industrial space can vary based on factors such as the property location, proximity to transportation and shipping hubs, the property age, quality rating, and onsite facilities and features. At 108 East Main Street, the asking rate is $16.00 - $24.00/SF/YR.

  • Industrial Space Options at 108 East Main Street

    108 East Main Street was completed in 2020. The facility offers a total of 9,641 square feet of rentable industrial space. Leasing opportunities here include Industrial space.

  • Key Amenities and Features at 108 East Main Street

    The property at 108 East Main Street features climate-control technology, and more.

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