LOCATION:

Between LaCrosse & Highway 16 Interchanges

This regional site is located next to Rushmore Mall, which has an estimated 8 million visitors annually, and is the only regional mall within 350 miles of Rapid City to the west of the Sioux Falls marketplace.

DEVELOPMENT:

The site contains approximately 100 acres with three-fourths of a mile of frontage at grade along Interstate 90 via two highway interchanges at LaCrosse Street and Highway 16. Eglin Road will be constructed from LaCrosse to Highway 16 to provide internal vehicular circulation.

RUSHMORE CROSSING UPDATE:
NOW OPEN

Scheels
Super-Target
Gordmans
Furniture Row
Marshalls
T.J. Maxx
Petco
Shoe Carnival
Dressbarn
Interstate Batteries
David's Bridal
Verizon
Hair Cutters

MALL INFORMATION:

Sears, Target, JC Penney, and Herberger’s with an overall occupancy rate of 95%. Mall comparable sales averaged $308 per square foot for 2002. The Café Court in Rushmore Mall averages $534 per square foot. Rapid City ranks 10th nationally in retail sales per capita.

DEVELOPER:

McDonald Properties, LLC sold a majority interest to Midland Atlantic Development and has maintained a minority interest.

CONSULTANT:

GMX Real Estate Group, LLC based out of Vernon Hills, IL

LEASING AGENT:

Princeton Partners, based out of Dallas, Texas

PROJECT TIMETABLE:

PARCELS ONE & TWO IN-LINE

PHASE ONE BUILDING AREA

PARCEL THREE OUTPARCEL

PARCEL FOUR & FIVE STORWATER

PARCEL SIX OUTPARCEL

PARCEL SEVEN OUTPARCEL

PARCEL EIGHT OUTPARCEL

PARCEL NINE OUTPARCEL

PARCEL TEN OUTPARCEL

+ 55.19 acres

+316,384 square feet

1.44 acres

1.18 acres

1.66 acres

2.52 acres

2.03 acres

1.89 acres

1.89 acres

AREA OCCUPANTS:

Best Buy, Borders, Hobby Lobby, Kohl's, Lowe's, Menards, Office Depot, Pier 1 Imports, Sam's Club, Shopko, Toys-R-Us, Wal-Mart

AREA RESTAURANTS:

Applebee’s, Best Buy, Borders, Carmike Cinemas, Chili’s, Fuddruckers, Herberger’s, Hobby Lobby, JC Penney, K-Mart, Kohl’s, Lowe’s, Menards, OfficeMax, Outback Steakhouse, Pier 1 Imports, Red Lobster, Sam’s Club, Scheel’s All Sports, Sears, Shopko, Target, TGI Friday’s, Toys-R-Us, Wal-Mart Supercenter

DEMOGRAPHICS:
(2003 Estimate)

100-Mile Population - 200,000
100-Mile Household Income - $50,000

TRAFFIC COUNTS:

Interstate 90 at LaCrosse (2003): 34,103/vpd
Interstate 90 at Highway 16 (2003): 30,582/vpd