Uptown Rapid_Property for Sale
Uptown Rapid_Property for Sale
2200 North Maple Avenue, Rapid City, SD, 57701, US

Uptown Rapid

Asset Description

Uptown Rapid (the “Property” or “Mall”), formerly known as Rushmore Mall, is a single-level, regional mall located at 2200 N Maple Ave, Rapid City, South Dakota. The Mall is situated on approximately 86.0 acres of owned land and comprises a total gross leasable area (“GLA”) of 690,498 square feet. A rarity in today’s market, Uptown Rapid is 100% owned within the ring-road and features anchors JCPenney (89,909 SF), At Home (101,559 SF), specialty tenant Traders Market (124,215 SF), and one additional available box (88,977 SF). In addition, Uptown Rapid includes 12.76 acres of developable land in the northwest corner of the Property. Notable non-owned outparcels such as Olive Garden, Red Lobster, and Texas Roadhouse enhance the retailer mix at the Property and drive additional foot traffic.

...

Attributes

Building area net
64,149 m²
Occupancy
78.3%
Year built
1978
Year renovated
2022

Media

Investment Highlights

  • Exceptional Location and Access
  • Established and Durable Demand Drivers
  • Rare 100% Ownership
  • Healthy Occupancy Cost with Meaningful Rent Spread Potential
  • Significant Immediate Upside
  • Attractive Trade Area Profile
  • Limited Enclosed Mall Competition
Uptown Rapid 4_Property for Sale
Uptown Rapid 4_Property for Sale

Contact brokers

Uptown Rapid (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
11 Jul 2024