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Browse More Listings in Retail For Sale, Bismarck, ND or North Dakota

Retail Property For Sale

809 Interstate Av RENTAL BLDG

809 Interstate Av, Bismarck, ND 58503

Price:
$1,900,000
Building Size:
12,090 SF
Price/SF:
$157.15
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with 5 years left on lease
Commission Split:
2%
Cap Rate:
7%
Occupancy:
80%
Tenancy:
Multiple
Lot Size:
1.30 AC
Find Out More...

Last Verified 10/8/2009 Listing ID 15986965

Description

INVEST IN NORTH DAKOTA THE ECONOMY IS BOOMING HOUSING COMMERCIAL *** RANCH AND FARM LAND. CONTINUES TO APPRECIATE *** JOBS ARE PLENTIFUL *** ANNUAL ESCALATING RENTS ***BISMARCK, NORTH DAKOTA*** A GREAT CITY TO INVEST *** Located in Shopping Mall FREE STANDING 195 X 62 Building (RECENTLY COMPLETED) BEAUTIFUL GLASS FRONT LARGE PARKING LOT
80 Percent Occupied . Tenants rental: (3) Tenants (PRESENT) MONTHLY RENT $13,500 (PRESENT) ANNUAL RENT $162,500 (ANNUAL RENT INCREASE) Present Annual Expenses Approx $42,000
12,090 Square Feet. CALL BILL FOR INFORMATION REGARDING
LEASE SPACE AVAILABLE AND ADDITIONAL INFORMATION PERTAINING TO PRICE AND FUNDING **" PRICE REDUCED"

Located on East Edge of Shopping Mall
809 W Interstate Av
Bismarck, North Dakota
INVESTORS: **FUNDING COMPANY WANTED FOR BUYER OF THIS COMMERCIAL BUILDING ** INVEST IN BISMARCK NORTH DAKOTA WHERE THE ECONOMY IS GREAT North Dakota has over a Billion and growing, Surplus in its General Fund. Call Bill @ 701 255 1896 Cell 220 4022 for more Info.

Financial Summary

Actual
Net Operating Income
$163,918

Map of 809 Interstate Av, Bismarck, ND 58503 (Burleigh County)

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Created 11/13/2008

Additional Information for 809 W Interstate Avenue, Bismarck, ND 58503

Active For Sale - 2 Listings
Active For Lease - 1 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 809 Interstate Av, Bismarck, ND 58503

Nearby Retail properties for saleSearch all commercial real estate for sale

300 W Century Av
$2,100,000
14,450 SF
809 W Interstate Avenue
$2,300,000
12,121 SF
1001 W Interstate Ave
$239,000
2,083 SF

Nearby Retail properties for leaseSearch all commercial real estate for lease

809 W Interstate Avenue
$17.00/SF/Year
7,200 SF

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - 809 Interstate Av RENTAL BLDG

809 Interstate Av, Bismarck, ND, 58503