Log In/Sign Up
Your email has been sent.
3523 45th St S 15,020 SF 100% Leased Office Building Fargo, ND 58104 $3,850,000 ($256.32/SF) 7.01% Cap Rate
Investment Highlights
- Features multiple individual offices, a shared kitchen/breakroom area, plus a large and small conference room ideal for meetings or trainings.
- Building is fully leased with original tenant and has a new five year lease in place.
Executive Summary
Discover an excellent opportunity with this spacious one-level office building offering 15,020 square feet of versatile space. The property features multiple individual offices, a shared kitchen/breakroom area, a large and small conference room ideal for meetings or trainings. *Building is fully leased with original tenant and has a new 5 year lease in place with 1-2 5 year extensions*
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
15,020 SF
Building Class
B
Year Built
2015
Price
$3,850,000
Price Per SF
$256.32
Cap Rate
7.01%
NOI
$270,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,020 SF
Building FAR
0.24
Lot Size
1.45 AC
Zoning
LC - Limited Commercial
Parking
53 Spaces (3.53 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 01-8462-00101-000 | Improvements Assessment | $1,200,750 |
| Land Assessment | $349,000 | Total Assessment | $1,549,750 |
Property Taxes
Parcel Number
01-8462-00101-000
Land Assessment
$349,000
Improvements Assessment
$1,200,750
Total Assessment
$1,549,750
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3523 45th St S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.