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1337 University Dr S
Fargo, ND 58103
Starbucks: Brand New 10 Year Lease · Retail Property For Sale
PROPERTY FACTS
ABOUT 1337 UNIVERSITY DR S , FARGO, ND 58103
Starbucks has a brand new 10-year NN lease with attractive 10% rental escalations every 5 years, and four 5-year renewal options. The tenant, Starbucks Corporation, operated 30,184 retail stores in 78 countries/markets. This attest is the latest Starbucks prototype at an infill location, slated for completion September 2019. Starbucks is located in Fargo, North Dakota on a hard corner with excellent drive-by visibility. Nearby retailers include: Target, Walmart Supercenter, Sam’s Club, Kohl’s, Lowe’s Home Improvement, Menards, Scheels, Hobby Lobby, Burlington, Macy’s, Slumberland Furniture, Ashley HomeStore, Best Buy, Bed Bath & Beyond, Michaels, JOANN Fabrics, T.J. Maxx, Marshalls & HomeGoods, Kirkland’s, Pier 1, Gordman’s, PetSmart, Hornbacher’s, Family Fare Supermarket, Natural Grocers, Savers, Dollar Tree, etc. The subject location is just 2 miles from North Dakota State University, half a mile from Sanford South University Medical Center (145 beds), and less than 6 miles from Sanford Medical Center Fargo (284 beds). *In Association with North Dakota Local Broker: Jay Lerner, The Lerner Company #2129
PROPERTY TAXES
| Parcel Number | 01-2040-00061-000 | Improvements Assessment | $563,150 |
| Land Assessment | $112,000 | Total Assessment | $675,150 |
PROPERTY TAXES
