Flex Shop Condo
For Lease
Contact for pricing
1002 5th Street East, Horace, ND 58047
Shop-condo style flex space designed for flexible operations, with exterior building signage and the option to occupy one or more bays.
Space Size1,597 SF - 1,605 SF
Property Size4,800 SF
Days on Market59
Property Features for 1002 5th Street East
General Information
Standard status
Active
Size
1,597 SF - 1,605 SF
Class
A
Property subtype
Retail, Industrial
Building Details
Building Size
4,800 SF
Year Built
2025
Tenancy
Multiple
Spaces For Lease
at 1002 5th Street East Contact us- Size
- 1,597 SF
- Type
- Industrial
- Availability
- Active
#1
- Size
- 1,605 SF
- Type
- Industrial
- Availability
- Active
#2
- Size
- 1,597 SF
- Type
- Industrial
- Availability
- Active
#3
Listing Agency:
Horizon Real Estate Group
(701) 478-7600
Listed By:
Jace Engelstad · License #10937
Source:
Crexi
Added: Jun 15
Changed: Aug 8
Last Checked: Aug 11 at 7:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horizon Real Estate Group
Investment Insights
Based on property information with market context.
This flex shop condo building was beautifully designed and built by Balzum Cullen Construction, with layouts intended to accommodate a wide range of tenant needs. Ownership of the full property offers maximum flexibility, including the ability to open interior walls to create a larger footprint. You can also dedicate one bay to your own operations while leasing the remaining spaces, or choose to lease an individual bay rather than the entire building.
The property is located in a strong, growing Horace industrial community and includes exterior building signage, a feature that is specifically highlighted as difficult to find with shop condo ownership.
For tenants and operators, the building’s shop-condo configuration supports multiple ways to plan your use, whether you need a larger contiguous area or want to separate operations by bay. For owners considering a long-term strategy, the floorplan flexibility and bay-level options may allow you to balance an owner-occupant workflow with additional leased space, using the same property to support more than one operating plan.
The property is located in a strong, growing Horace industrial community and includes exterior building signage, a feature that is specifically highlighted as difficult to find with shop condo ownership.
For tenants and operators, the building’s shop-condo configuration supports multiple ways to plan your use, whether you need a larger contiguous area or want to separate operations by bay. For owners considering a long-term strategy, the floorplan flexibility and bay-level options may allow you to balance an owner-occupant workflow with additional leased space, using the same property to support more than one operating plan.
Key Highlights
- Year built 2025 shop‑condo style flex space designed for flexible business use
- Option to occupy one or more bays, or lease out individual bays for additional income
- Exterior building signage included with the property
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 58047, ND
4,216
Population
1,815
Households
2.3
Avg Household Size
38
Median Age
43%
College-Educated
97%
High-School Grad
70.2 sq mi
ZIP Area
60
Density / Sq Mi
$142,216
Median Household Income
$68,783
Median Earnings
$963
Median Rent
$417,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Shop-condo style flex space designed for flexible operations, with exterior building signage and the option to occupy one or more bays.
Where is this flex space located?
The property is located at 1002 5th Street East Horace, ND.
What are key features of this property?
This property features: Year built 2025 shop‑condo style flex space designed for flexible business use; Option to occupy one or more bays, or lease out individual bays for additional income; Exterior building signage included with the property
