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Williston Industrial Facility For Lease
For Lease
$12.50 SF/Yr

805 48th Avenue West, Williston, ND 58801

Turn-key industrial facility in the Bakken Shale Formation epicenter.

Property Size114,340 SF
Days on Market129

Property Features for 805 48th Avenue West

General Information

Standard status Active
Size 114,340 SF
Property subtype Industrial
Listing Agency: CBRE | Fargo
Listed By: Chance Lindsey
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 31 at 4:36AM

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 CBRE | Fargo

Investment Insights

Based on property information with market context.

The former Baker Hughes facility in Williston, ND, constructed in 2013, is available for sale or lease. This institutional-quality asset features a best-in-class design. It offers an opportunity to immediately accommodate operations in the epicenter of the Bakken Shale Formation. Recent acceleration in Bakken activity has driven demand for facilities. The property was meticulously designed for functionality and effective operations. The facility is fully sprinkled and located within Williston city limits. The office area includes a passenger elevator and marble floors. A cafeteria with a commercial kitchen and employee locker rooms are present. The yard is fenced-in and includes 5.5 acres of exterior concrete paving. Two ingress/egress points provide access. The facility is equipped with fourteen cranes: twelve 2-ton cranes and two 5-ton cranes, as well as one 1-ton jib crane. The property has a size of 114340 square feet.

Key Highlights

  • Turn‑key facility in the epicenter of the Bakken Shale Formation, allowing for immediate operations.
  • Significant discount to replacement cost due to increased construction costs and natural barrier to entry.
  • Institutional‑quality asset built in 2013 with best‑in‑class design.

Property Analytics

Current Use

Industrial properties

Lease Details

NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 58801, ND

34,921
Population
17,095
Households
2
Avg Household Size
31
Median Age
25%
College-Educated
91%
High-School Grad
716.1 sq mi
ZIP Area
49
Density / Sq Mi
$90,119
Median Household Income
$53,496
Median Earnings
$1,116
Median Rent
$279,800
Median Home Value

Market

Properties on Market for Industrial properties in Williston

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Turn-key industrial facility in the Bakken Shale Formation epicenter.
Where is this industrial property located?
The property is located at 805 48th Avenue West Williston, ND.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Turn‑key facility in the epicenter of the Bakken Shale Formation, allowing for immediate operations.; Significant discount to replacement cost due to increased construction costs and natural barrier to entry.; Institutional‑quality asset built in 2013 with best‑in‑class design.
More about this property
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