Nick Gustafson

Principal – Investment & Commercial Sales

nick@benderco.com

Direct: (605) 782-1668

Cell: (605) 201-2809

Nick Gustafson, CCIM

Professional Information 

Nick Gustafson is a commercial real estate broker and a principal of Bender Commercial. He is adept at achieving the highest possible sale price within his clients’ timelines. Nick has become one of the region’s top listing brokers for large commercial and investment properties.  

Professional Experience 

Using the sales skills gained at his fulltime, commission-based college job at Gateway Computer, Nick Gustafson quickly became a leading tenant-rep broker in the Sioux Falls market following his graduation from Augustana University in 2004.  

Gustafson joined Bender Commercial Real Estate Services in 2009. As his career grew through aggressively selling and leasing commercial property, Nick attained the CCIM designation—Certified Commercial Investment Member—in 2014. Fewer than 10% of all commercial real estate brokers in the United States reach this milestone. 

Nick became a principal of Bender Commercial in 2013 

Recently, Gustafson has sold multiple large properties including a $6,250,000 call center, a $6,000,000 multi-family property, a $3,200,000 industrial distribution center, and co-brokered a $10,000,000+ multi-family portfolio with a national firm all in the same calendar year. 

Professional Affiliations 

  • CCIM (Certified Commercial Investment Member) 
  • Presenter at BCRES’ annual Market Outlook as an investment and multifamily expert, 2009-2020 
  • Licensed South Dakota, Minnesota, and Iowa Real Estate Broker 

Education 

  • Augustana University, Bachelor of Arts in Business Administration 

Personal Information 

Nick is married to his wife, Shannon; they are proud parents of two children, Declan and Reagan. Nick is passionate about his interests ranging from wine and reading to lifting weights and traveling. 

Community Involvement 

  • Adjunct Professor, Real Estate Pre-Licensing, Southeast Technical College 
  • Board of Directors, Volunteers of America – Dakotas (2015 – 2020) 
  • Volunteer, Junior Achievement of South Dakota 
  • Board of Directors, South Dakota Business Finance 

Some of Nick’s notable transactions include:

Seller Representation:

Rapid City Call Center – $7,250,000
1400 Turbine Call Center – $6,250,000
Jackson Heights Apartments and Townhomes – $6,000,000
Westside Plaza – $3,600,000
JN Properties Warehouses – $3,500,000
Murray Street Distribution Center – $3,200,000
Park Place Office Building – $2,600,000
Village Square Apartments – $2,200,000
Beach Pay Building – $1,975,000
Willow Creek Apartments – $1,800,000
3701 South Western Avenue – $1,300,000
Southern Hills Apartments – $1,200,000
1111 South Cliff Avenue Warehouse – $1,170,000
2900 Office Building – $860,000
Sioux Falls Music Property – $735,000
TSP Rapid City Building – $734,000
46th and Western Office Building $646,000
Parks Shady Acres Manufactured Home Park – $575,000
Convention Center Office Building – $525,000
AT&T Building on 50th Street North – $510,000
Statesman Apartments – $500,000

Tenant Representation:

Capital One Call Center Renewal – 158,000 sq. ft.
Brookings Seed Lab Build to Suit – 67,892 sq. ft.
Rapid City Call Center – 45,000 sq. ft.
Beacon Roofing – 30,000 sq. ft.
Regional Health Rapid City Building – 15,000 sq. ft.
Land Title Guaranty – 7,668 sq. ft.
Holmes Murphy – 10,000 sq. ft.
Volunteers of America – 7,793 sq. ft.

Landlord Representation:

Hudson America Building, Rapid City – 75,000 sq. ft.
JN Properties – 45,000 sq. ft.
Risk Administration Services Building – 13,000 sq. ft.
JN Properties on 50th Street North – 9,775 sq. ft.
Denssen Plaza – 8,326 sq. ft.
Ensz Property – 5,916 sq. ft.
MacRandall Office Building – 3,500 sq. ft.
Park Ridge Office Building – 2,014 sq. ft.

Buyer Representation:

Dakota Beverage Land – $1,400,000
5120 South Solberg Avenue – $1,825,000
Dell Rapids Family Dollar – $1,100,000
Tickman Warehouse – $720,000
4005 East 10th Street – $633,500
Tri State Garage Door – $425,000
Pillar Insurance Building – $340,000
Black Events & Advertising Building – 2,532 sq. ft.