1212 N 47th St | Grand Forks, ND 58203
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1212 N 47th St
Grand Forks, ND 58203
LV Petroleum dba TA Express · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 28+ Year Absolute Net Lease | Zero Landlord Responsibilities | 2% Annual Increases
- 16,496 Square Foot Store | Parcel is 9.10 Acres Including 60 Truck Parking Spaces
- LV Petroleum has Recently Completed $3,100,000 in Improvements
- Four, 20-Year Options with 2% Annual Increases
- LV Petroleum Guarantee | 30+ TA Truck Stops | Guarantor has a Robust Pipeline of 15+ Truck Stops
- Located Just Off Interstate 29 and Gateway Drive with a Combined 31,790 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Truck Stop
Building Size
16,496 SF
Building Class
C
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
9.10 AC
Zoning
B-3 - General Business
Parking
9 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
104’ on Fitness Trail
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,828,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,828,000
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