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FedEx Ship Center 8923 Oil Ave 23,290 SF Industrial Building Williston, ND 58801 $5,611,575 ($240.94/SF) 6.50% Cap Rate
Investment Highlights
- BEST-IN-CLASS, INVESTMENT-GRADE CORPORATE LEASE
- SYNERGISTIC LOCATION FOR FEDEX | PASSIVE INVESTMENT OPPORTUNITY
- IDEAL LOGISTICS LOCATION
- RELOCATION FACILITY | 2017 BUILT-TO-SUIT CONSTRUCTION
- CERTIFIED “BOOMTOWN”
- INCREDIBLY AFFLUENT MARKET | BAKKEN FORMATION OPPORTUNITY
Executive Summary
at 8923 Oil Avenue in Williston, North Dakota (the “Property”). A build-to-suit facility constructed in 2017, the Property encompasses 23,290 square feet on 2.50 acres
within the Bakken Industrial Park at the intersection of US-2 and US-85.
Property Facts
| Price | $5,611,575 | Rentable Building Area | 23,290 SF |
| Price Per SF | $240.94 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2017 |
| Cap Rate | 6.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.53/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 2.50 AC | No. Drive In / Grade-Level Doors | 9 |
| Zoning | Industrial - Industrial | ||
| Price | $5,611,575 |
| Price Per SF | $240.94 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.50 AC |
| Rentable Building Area | 23,290 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Tenancy | Single |
| Parking Ratio | 2.53/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 9 |
| Zoning | Industrial - Industrial |
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Administrative and Support Services
- -
- -
-
Jan 0000
FedEx Office began as Kinko's in 1970 and later became part of FedEx after the company acquired Kinko's and rebranded the business. FedEx Office now focuses on copying, digital printing, professional finishing, signs, computer rental, corporate print solutions, packing services, shipping services, and Hold at FedEx Location support. The business serves consumers and organizations through retail print-and-ship services that connect with the broader FedEx transportation network. FedEx Office remains part of the FedEx operating-company structure, giving the company a place within a larger logistics and business-services platform while keeping its print and shipping offerings centered on everyday document and package needs.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Administrative and Support Services | - | - | Jan 0000 |
Property Taxes
| Parcel Number | 01-025-00-00-04-046 | Improvements Assessment | $863,765 |
| Land Assessment | $38,700 | Total Assessment | $902,465 |
Property Taxes
Presented by
FedEx Ship Center | 8923 Oil Ave
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