Retail Space Near West
For Lease
Contact for pricing
1615 38th St S, Fargo, ND
Retail space adjacent to West Acres Regional Shopping Center.
Space Size4,525 SF
Lot Size3.92 Acres
Days on Market873
Property Features for 1615 38th St S
General Information
Standard status
Active
Size
4,525 SF
Lot size
3.92 Acres
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 1615 38th St S
1615 38th St S
$25/SF/Yr
Floor
1
Size
4,525 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Adjacent to the most visited retail destination in the state: West Acres Regional Shopping Center
- 6 million annual site visits
- Well established, high performing co-tenants including Boot Barn, Foss Swim School, and Guitar Center
- 235 parking spots for the site providing ample parking
- Delivery condition: Perimeter walls sheet rocked, existing concrete floors, new water/sewer stubbed into space, existing 5-ton HVAC RTU air supply, electrical conduit for future panel, existing sprinkler system. Additional tenant improvement allowance and exterior storefront upgrades to be determined on a case by case basis.
Contact us
Listing Agency:
Horizon Real Estate Group
(701) 478-7600
Listed By:
David Schlossman, CCIM · License #8360
(701) 261-6161
Source:
Moodyscre
Added: May 17, 2024
Changed: Sep 4
Last Checked: Oct 5 at 4:31PM
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 4,525 square foot retail space is located adjacent to West Acres Regional Shopping Center, a high-traffic retail destination with 6 million annual site visits. The property benefits from 235 parking spots. Current co-tenants include Boot Barn, Foss Swim School, and Guitar Center. The delivery condition includes perimeter walls sheet rocked, existing concrete floors, new water/sewer stubbed into space, existing 5-ton HVAC RTU air supply, electrical conduit for future panel, and an existing sprinkler system. Additional tenant improvement allowance and exterior storefront upgrades are available and will be determined on a case-by-case basis.
Key Highlights
- Adjacent to West Acres Regional Shopping Center, boasting 6 million annual visits.
- Ample parking is available with 235 spots.
- High‑performing co‑tenants include Boot Barn, Foss Swim School, and Guitar Center.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Fargo, ND
$15.34 /SF/Yr
Avg Asking Price
$10.5–$22 /SF/Yr
Price Range
5,743 SF
Avg Space Size
This space is priced 63% above the average of $15.34 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space adjacent to West Acres Regional Shopping Center.
Where is this retail space located?
The property is located at 1615 38th St S Fargo, ND.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Adjacent to West Acres Regional Shopping Center, boasting 6 million annual visits.; Ample parking is available with 235 spots.; High‑performing co‑tenants include Boot Barn, Foss Swim School, and Guitar Center.
