What is the asking price for 1620 Concourse Ct?

The lease rate for space here is Contact for pricing.

What type of property tenancy can you find at 1620 Concourse Ct?

This property is listed as Single Tenant.

What is the total size of 1620 Concourse Ct?

The property has a total square footage of 1,920 SF.

When was this property built?

1620 Concourse Ct was built in 1990.

How many parking spaces are available at 1620 Concourse Ct?

Parking information for the property isn't currently listed. However, other nearby parking options include South Parking Lot, located 3.43 miles away , and North Parking Lot, which is 3.54 miles away.

1620 Concourse Court, Rapid City, SD 57703

For Sale $900,000
Property Type Office
Property Size 1,920 SF
Lot Size 0.8 Acre
# of Floors 1
Parking Spaces Avail. 20
Property Tenancy Single Tenant
Year Built 1990
Date Updated Jul 28, 2026

Description

1620 Concourse Ct is a 4,920 SF single-tenant investment property on 0.80 acres in Rapid City's Rushmore Business Park, near Elk Vale Rd and SD Hwy 44. Built in 1990 and fully remodeled in 2021, the building is configured for childcare use with a reception area, full kitchen, five care rooms, multiple restrooms, a fire protection system, and fenced outdoor play areas. The property is leased to Kindred Spirits, LLC, doing business as Lil Friends Learning Center of RC, through January 31, 2034, with about seven years remaining on the initial 10-year term. The true NNN lease passes real estate taxes, insurance, repairs, maintenance, and capital replacement to the tenant. Base rent increases 5% annually, with two 3-year renewal options. Current base rent is $6,300 per month ($75,600 annually). Twenty on-site parking spaces serve the site. Zoning is Light Industrial. Offered for sale at $900,000.