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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 in 1970 as Kinko’s, a copy shop founded in California that grew into a retail services chain. FedEx later acquired the business and rebranded it as FedEx Office, folding the chain into a broader portfolio of shipping and business services. FedEx Office offers copying, digital printing, finishing, signs, computer rental, packing, shipping, and hold-at-location services, along with online print ordering and in-store support. The company serves personal and business customers through a mix of self-service and full-service offerings, including document handling, passport photos, scanning, faxing, and custom print projects.
| 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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