108 E Main St

108 East Main Street, Rapid City, SD 57701

Property Information

  • For Lease $16.00 - $24.00/SF/YR
  • Property Type Industrial
  • Property Size 13,780 SF
  • Lot Size 4.8 Acre
  • # of Floors 2
  • Year Built 2020
  • Date Updated Jun 15, 2026
  • HVAC None

Description

The David Lust Accelerator Building at 108 E Main St is a two-story, 40,000 SF workspace campus in downtown Rapid City with 13,780 SF available across high-bay, lab, and office opportunities. All spaces are offered on a gross lease with utilities included, with rates from $16.00–$24.00/SF/YR.

Shared amenities include lobby areas, meeting rooms, huddle and enclave rooms, restrooms, copy/break room, central mailbox, elevator access, and approximately 100 on-site parking spaces. Co-tenants include Daktronics, Sanford Underground Research Foundation, Direct Companies, Wildfire Labs, Secure Compliance, and Adrenaline Analytics. On-site resources include Elevate Rapid City, the Governor's Office of Economic Development (West River), and the South Dakota Ellsworth Development Authority. Built 2020; 2 stories; Urban Commercial zoning.

Contact listing agent for all inquiries. Please allow 24-hour notice before showings. Information Packet included in associated documents.

6 Spaces Available

1st Floor Office Suites

Space Type

Industrial

Lease Rate

$21.00/SF/YR

Total Space

3,493 SF

Lease Type

Modified Gross

Sublease

No

Build Type

Full build out

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

Sublease

No

Build Type

Full build out

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

Sublease

No

Build Type

Full build out

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 227

Space Type

Industrial

Lease Rate

$24.00/SF/YR

Total Space

1,592 SF

Lease Type

Modified Gross

Sublease

No

Build Type

Full build out

1,592 SF second-floor suite with a 1,418 SF open office area and one private office. Large windows throughout. Gross lease, utilities included ($3,184/month). Space Highlights: ? Open office + 1 private office ? 1,418 SF open office area ? Large windows throughout

HVAC

None

Suite 228

Space Type

Industrial

Lease Rate

$24.00/SF/YR

Total Space

929 SF

Lease Type

Modified Gross

Sublease

No

Build Type

Full build out

Space Description: 929 SF second-floor suite with a 414 SF conference room, two private offices (174 SF and 160 SF), and an internal corridor. Large windows throughout. Gross lease, utilities included ($1,858/month). Space Highlights: ? 414 SF conference room ? 2 private offices (174 SF and 160

HVAC

None

Contacts

Chris Long

KW Commercial | Black Hills

Dan Logan

KW Commercial | Black Hills

Gina Plooster

KW Commercial | Black Hills

Location

Contact 108 E Main St
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