Back to Previous Page 108 E Main St

David Lust Accelerator Building Workspace

$16.00 to $24.00/SF/YR

4 Spaces | 1,773 - 3,493 SF | Bldg 13,780 SF | Land 4.8 Acres | 2 Stories

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Property Information

Zoning Urban Commercial District

Bldg SF 13,780

Year Built 2020

County Pennington County

Acres 4.8

Property Overview

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.

Highlights

• 13,780 SF available across first- and second-floor high-bay, lab, and office opportunities
• First-floor options include a 1,773 SF high-bay workspace, two 2,052 SF lab suites, and a 3,493 SF office block planned for subdivision into 5–6 turnkey office suites
• Second-floor options include finished office suites from 929–1,889 SF with open office, private office, and conference room layouts
• $16.00–$24.00/SF/YR gross lease; utilities included
• 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, Governor's Office of Economic Development (West River), and South Dakota Ellsworth Development Authority
• Built in 2020; 40,000 SF, 2 stories; Urban Commercial zoning
• Located at E Main St and East Blvd in downtown Rapid City

Location Overview

• Located at E Main St and East Blvd in downtown Rapid City
• Positioned along the East Main St corridor, connecting the downtown business core with eastern Rapid City
• Directly across from the USPS Post Office and Rapid City Fire Station 1
• Near downtown services, business offices, restaurants, and civic amenities
• East Blvd: 11,060 VPD between Main St and Omaha St (2025 MPO)
• E Main St: 7,079 VPD from 5th St to East Blvd (2025 MPO)

Listing Agents

Chris Long

Chris Long

SIOR, CCIM

Commercial Broker

(605) 939-4489

Professional Summary
Chris specializes in investment, industrial, office, land, multifamily, and hospitality transactions throughout Rapid City and the Black Hills. With more than two decades of experience in real estate research, institutional multifamily operations, revenue management, and brokerage, he brings a disciplined, market-driven approach to every assignment.

Clients rely on Chris for strategic pricing, financial analysis, and structured negotiation informed by institutional experience. He advises property owners and investors with clear communication and data-backed recommendations from evaluation through closing.

Experience & Background
Chris began his career in Denver as a research associate with The Meyers Group, leading new development research and publishing reports on market trends and absorption.

In 2003, he joined UDR, Inc., a national multifamily real estate investment trust, where he served as Director of Pricing and Revenue Management. He led the nationwide rollout of yield management software across more than 230 properties, contributing to sustained revenue growth.

After relocating to South Dakota in 2010, Chris built the only team in Western South Dakota solely focused on commercial real estate sales and leasing. Over the past 16 years, Rapid City Commercial has led the region in both sales and leasing volume. In the last five years, the team has completed more than 550 transactions totaling over $425 million in volume, ranking #1 in the KW Commercial North Central Region and among the top 20 nationwide.
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Dan Logan

Dan Logan

Broker Associate

(605) 593-7980

Professional Summary
Dan focuses on industrial, multifamily, land, and campground transactions throughout Rapid City and the Black Hills region, with an emphasis on investment properties. Since entering commercial real estate in 2022, he has developed experience in small-bay industrial projects and owner-user acquisitions.

Dan approaches each assignment with a practical and analytical mindset, evaluating transactions from both sides to help structure mutually beneficial outcomes. Known for being straightforward and strategic, he works with clients as an advisor and partner rather than a sales-driven intermediary.

Experience & Background
Prior to beginning his real estate career, Dan served as a combat medic in the United States Army, with assignments in Germany and Colorado supporting infantry and military police units. His military background instilled discipline, adaptability, and attention to detail that continue to inform his professional approach.

After returning to Rapid City, Dan earned a Bachelor of Science in Business Administration with a concentration in Management from Black Hills State University. During this time, he obtained his South Dakota real estate license and joined Rapid City Commercial, supporting clients in acquisition, investment analysis, and transaction execution across Western South Dakota.

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