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4328 13th Ave S
Fargo, ND 58103
Mattress Firm- Five Guys Retail Center · Retail Property For Sale
PROPERTY FACTS
ABOUT 4328 13TH AVE S , FARGO, ND 58103
CBRE is pleased to offer the Mattress Firm anchored retail center in Fargo, North Dakota. The center features new construction completed in 2018. All three tenants are currently under triple-net (NNN) leases with nearly ten years remaining, translating to ease of management for a new owner. Mattress Firm successfully completed restructuring in fall 2018 after filing Chapter 11, having optimized its store footprint, strengthened its balance sheet, and touting significantly stronger financial liquidity. Mattress Firm remains the largest specialty mattress retailer in the nation. West Acres Regional Shopping Center is the largest mall in North Dakota, located just one block away from the Property. Other national brands surrounding the Property include Target, Kohl’s, and Bed Bath & Beyond. The adjacent Target store location is currently undergoing a massive $3.2 million remodel to include some of the organization’s most ambitious and modern upgrades available. Blue Cross Blue Shield of North Dakota is the largest health care coverage provider in North Dakota, employing more than 2,500 people, and its corporate campus is less than one mile from this location.
PROPERTY TAXES
| Parcel Number | 01-2332-00270-000 | Improvements Assessment | $583,500 |
| Land Assessment | $244,000 | Total Assessment | $827,500 |
PROPERTY TAXES
