Mixed-Use Development in Prime Location

1621 S University Dr, Fargo, ND 58103

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Mixed-use property with apartments and commercial space in Fargo, ND.

Type:RETAIL

Property size:

3,022 SF

Lot size:

2.57 Acres

HighLights

High Traffic Location: Over 34,000 vehicles per day (VPD) on a main thoroughfare.
Strategic Location: Directly across from Sanford Health and Essentia Health.
Mixed‑Use Development: Combination of 127 apartment units and commercial space.
Redevelopment Project: Vibrant and modern redevelopment in the heart of Fargo.
Flexible Space Options: Available space ranges from 2,015 to 15,951 SF.
Drive‑Thru Capabilities: Suites 103, 104, and 107 offer drive‑thru options.

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Listing Contact

Justin Gustofson

For Lease

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Mixed-use property with apartments and commercial space in Fargo, ND.

Type:RETAIL

Property size:

3,022 SF

Lot size:

2.57 Acres

Added:: Jun 20, 2024
Days on Market:: 728
Last Refresh:: Apr 5 at 8:09 pm

Property Features for 1621 S University Dr

General Information

Standard status: Active
Size: 3,022 SF
Lot size: 2.57 Acres
Property subtype: RETAIL

Spaces For Lease

at 1621 S University Dr Contact us

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Listing Contact

Justin Gustofson

Listing agent Justin Gustofson License #9860

Listing office Property Resources Group

Listing date Jun 20, 2024

Source Moodyscre

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HighLights

High Traffic Location: Over 34,000 vehicles per day (VPD) on a main thoroughfare.
Strategic Location: Directly across from Sanford Health and Essentia Health.
Mixed‑Use Development: Combination of 127 apartment units and commercial space.
Redevelopment Project: Vibrant and modern redevelopment in the heart of Fargo.
Flexible Space Options: Available space ranges from 2,015 to 15,951 SF.
Drive‑Thru Capabilities: Suites 103, 104, and 107 offer drive‑thru options.

Overview

This mixed-use redevelopment project, BLOC, is situated in the heart of Fargo, just north of I-94. The property comprises 127 apartment units and nearly 16,000 square feet of commercial space. Located on a street with over 30,000 vehicles per day, the site benefits from high visibility, with over 34,000 vehicles per day passing by. University Drive serves as a main thoroughfare for traffic heading to Downtown Fargo. BLOC is located directly across from both Sanford Health and Essentia Health. Several options are available, whether you are looking for a single unit or combining several units. Suite 100 provides space for an outdoor patio. Suites 103, 104, and 107 have drive thru capabilities. Available space ranges from 2,015 to 15,951 square feet with lease rates between $22.00 and $26.00 per square foot. Estimated CAM is $5.00 per square foot, and a fit-up allowance of $35.00 per square foot is offered. Tenants are responsible for heat/AC, electric, phone, and internet. Construction is scheduled to be completed in the fall of 2024.

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Local Demand

City: Fargo
County: Cass
State: North Dakota
Longitude: -96.7991
Latitude: 46.8548

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For lease
Mixed-use properties
ND
Fargo
58103
1621 S University Dr

What type of property is this?

Mixed-use property - Mixed-use property with apartments and commercial space in Fargo, ND.

Where is this mixed-use property located?

The property is located at 1621 S University Dr Fargo, ND.

What is the lease rate?

The lease rate is $22 SF/Yr.

What are key features of this property?

This property features: High Traffic Location: Over 34,000 vehicles per day (VPD) on a main thoroughfare.; Strategic Location: Directly across from Sanford Health and Essentia Health.; Mixed‑Use Development: Combination of 127 apartment units and commercial space.