Mixed-Use Retail Suites with
For Lease
Contact for pricing
1621 S University Dr, Fargo, ND 58103
New mixed-use development offers retail suites, including options with drive-thru access and an outdoor patio.
Property Size1,486 SF
Days on Market774
Property Features for 1621 S University Dr
General Information
Standard status
Active
Size
1,486 SF
Property subtype
RETAIL
Lease Type
SF/yr
Site & Location
Traffic Count
34,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
127
Building Details
Tenancy
Multi
Listing Agency:
Property Resources Group
(701) 238-7370
Listed By:
Justin Gustofson
(701) 238-7370
Source:
Moodyscre
Added: Jun 20, 2024
Changed: Jul 25
Last Checked: Aug 1 at 2:19PM
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 Property Resources Group
Investment Insights
Based on property information with market context.
BLOC is a mixed-use redevelopment project featuring 127 apartment units and nearly 16,000 SF of commercial space. Retail suite options include Suite 100 with space for an outdoor patio, and Suites 103, 104, and 107 with drive-thru capabilities. Construction is scheduled to be completed in the fall of 2024, and available commercial space ranges from 2,015 to 15,951 SF.
Located north of I-94 on University Drive, the site benefits from over 34,000 VPD along the frontage. BLOC is directly across from both Sanford Health and Essentia Health, positioning the development within a dense healthcare-driven area and along a main thoroughfare into Downtown Fargo.
Tenant terms listed include tenant responsibility for heat/AC, electric, and phone/internet. Estimated CAM is $5.00 PSF, and a $35.00 PSF fit-up allowance is noted for qualifying needs.
Located north of I-94 on University Drive, the site benefits from over 34,000 VPD along the frontage. BLOC is directly across from both Sanford Health and Essentia Health, positioning the development within a dense healthcare-driven area and along a main thoroughfare into Downtown Fargo.
Tenant terms listed include tenant responsibility for heat/AC, electric, and phone/internet. Estimated CAM is $5.00 PSF, and a $35.00 PSF fit-up allowance is noted for qualifying needs.
Key Highlights
- Mixed‑use redevelopment in Fargo: 127 apartment units plus nearly 16,000 SF of commercial space
- Commercial space available ranges from 2,015 to 15,951 SF
- Retail suites 103, 104, and 107 include drive‑thru capabilities
Property Analytics
Current Use
Lease Details
127
Residential units
34,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
$5 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
Explore this area
Business Placement
Demographics for 58103, ND
46,754
Population
25,241
Households
1.9
Avg Household Size
36
Median Age
37%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
4,066
Density / Sq Mi
$57,699
Median Household Income
$38,241
Median Earnings
$831
Median Rent
$239,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - New mixed-use development offers retail suites, including options with drive-thru access and an outdoor patio.
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: Mixed‑use redevelopment in Fargo: 127 apartment units plus nearly 16,000 SF of commercial space; Commercial space available ranges from 2,015 to 15,951 SF; Retail suites 103, 104, and 107 include drive‑thru capabilities
