214 12th St NW 18,452 SF 100% Leased Industrial Building West Fargo, ND 58078 $1,750,000 ($94.84/SF)

18,452 SF Industrial property for sale. There has been numerous improvements made since Seller purchased the property. There is currently approximately 8,070 SF available for new buyer, or to be leased to new tenant, and includes 3 restrooms, but no specific office area. The remainder of the property is leased to a long term tenant with a renewed lease through June 30th, 2034. The tenant currently leases 7,982 SF with a rent increase in years 6-10, the tenant and Seller have agreed to a future expansion of 2,400 SF with an estimated completion date of March 1, 2026 and would be coterminous with the current lease term, Seller has agreed to finance $75,000.00 of TI costs at 8% interest for the first 60 month term of the lease, the $75,000 will need to be paid by the new buyer, in addition to the sale price.