For Sale
$13,250,000
3285 47Th St Fargo, ND 58104
High-yield NNN lease, 7.81% cap rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- $13,250,000 asking price for a Class A, 32,536 square foot office building.
- Net lease investment opportunity with a 7.81% cap rate and $1,035,000 NOI.
- 100% occupancy with a single tenant, NNN lease expiring August 31, 2026 (1.8 years remaining).
- Located at 3285 47th St S, Fargo, ND 58104, this three-story building features 153 parking spaces and sits on a 152,267 square foot lot.
- Built in 2017, the building offers amenities including a gym, game room, and kitchen.
- Broker co-op available.
Property Details for 3285 47Th St
- Property type
- Office properties
- Square Feet
- 32,536 SF
- Class
- A
- Year Built
- 2017
- Stories
- 3
Location Insight
- City
- Fargo
- County
- Cass
- State
- North Dakota
- Latitude
- 46.830135203944
- Longitude
- -96.86727959493
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield NNN lease, 7.81% cap rate
- Where is the office property located?
- The property is located at 3285 47Th St Fargo, ND.
- What is the asking price?
- The asking price for this property is $13,250,000.
- What are key features of this property?
- This property features: $13,250,000 asking price for a Class A, 32,536 square foot office building.; Net lease investment opportunity with a 7.81% cap rate and $1,035,000 NOI.; 100% occupancy with a single tenant, NNN lease expiring August 31, 2026 (1.8 years remaining).
- How can I contact the broker?
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