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23355593
23355607

5626 Fargo Lane, Rapid City, SD 57701

Century 21 ClearView Realty
Listed by Century 21 ClearView Realty
$3,249,000
425 days on market
Updated 10 days ago

5626 Fargo Lane

Details
Property Type Office
Square Footage 17,400
Net Rentable (SqFt) 17,400
Units 10
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Price per SqFt $187
Class A
Year Built 2022
Buildings 2
Stories 1
Acreage 1.910
Zoning general commercial

Newer Commercial Property Located within the "Medical Mile" with 100% Occupancy and a waiting list!

Marketing description

Introducing a versatile commercial investment opportunity with a very desirable location, exceptional functionality and great visibility off of Catron Boulevard just 1/2 mile from the Stumer Rd. Walmart. This attractive newer two year old property has a total of 17,400 sq. ft., with10 units and runs 100% occupancy. Tenants are all high quality, well established businesses with long term leases and options to renew. Enjoy the passive income opportunity with the flexibility for either 100% multi-tenant occupancy, or partial rental income for an owner occupant. This location is poised to take advantage of the Catron Boulevard / 5th Street expansion that has been ongoing and will be ramping up in the near future. Each unit has both front and rear off street parking, with heated concrete zero entry front entrances, 14 ft., ceilings and a 12 ft., overhead door with an additional entrance in back. Landscaped areas have a time saving drip system in place for convenience and ease of maintenance.
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Listing Contacts

Century 21 ClearView Realty
Listed by Century 21 ClearView Realty

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Zoning

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GC CommercialGeneral CommercialGeneral Commercial District
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Last updated Mar 4, 2026 For deeper zoning details, reports are available at Zoneomics

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