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    3971 53Rd Ave S Fargo, ND 58104

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    For Sale
    $3,900,000

    New construction restaurant with a long-term lease and zero responsibilities.

    Property size:
    2,325 SF
    Lot size:
    1.07 Acres

    Property Features for 3971 53Rd Ave S

    General Information

    Size
    2,325 SF
    Lot size
    1.07 Acres

    Source: The Boulder Group - Corporate Agent Randy Blankstein

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction NNN Restaurant

    This new construction property is available for sale and is currently operating as a restaurant. The property is subject to a long-term, 15-year NNN lease, meaning there are no landlord responsibilities. The lease includes a 10% rental escalation every 5 years. The tenant is a publicly traded company with a $75 billion market capitalization. The property is situated along 52nd Avenue S, which sees 22,800 vehicles per day, and is near Interstate 29, with a traffic count of 78,900 vehicles per day. Over 144,000 residents live within a five-mile radius, and the average household income within one mile is $124,970. The property is located in proximity to a Walmart Supercenter. Neighboring retailers include AutoZone, Starbucks, ALDI, Valvoline, Les Schwab Tire Center, Circle K, and Planet Fitness. Nearby traffic draws include the Microsoft Fargo Campus, Fargo Parks Sport Center, Shanley High School, Suite Shots, and PAM Health Rehabilitation Hospital. The property size is 2,325 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8493965
    Latitude
    46.8031014

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    FAQs

    What type of property is this?
    Drive through restaurant - New construction restaurant with a long-term lease and zero responsibilities.
    Where is this drive through restaurant located?
    The property is located at 3971 53Rd Ave S Fargo, ND.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Long term 15-year NNN lease with no landlord responsibilities.; - Publicly traded company (NYSE: CMG) tenant with $75 billion market capitalization.; - 10% rental escalation every 5 years.
    (847) 562-8500
    Request Owner's contact information
    3971 53Rd Ave S Fargo, ND 58104
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    Fargo, ND 58104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3971 53Rd Ave S Fargo, ND 58104
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