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Professional Office Suite
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120 N 3rd St, Bismarck, ND 58501

Main floor suite with natural light, reception, two private windowed offices, conference, and filing room.

Space Size1,170 SF
Days on Market679

Property Features for 120 N 3rd St

General Information

Standard status Active
Size 1,170 SF
Property subtype OFFICE

Additional Details

Business Included No

Amenities

2 Private Windowed Offices
Reception Area
Conference Room
Filing Room
Natural Light
Covered Parking Structure Across Street

Spaces For Lease

at 120 N 3rd St Contact us

Logan Building $1,950/Mo

Size
1,170 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- 5 Year Minimum - Main Floor Place - 2 Private Windowed Offices - Reception Area -...
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Listing Agency: Aspen Group
Listed By: Michael Ilse · License #8214
Source: Moodyscre
Added: Oct 3, 2024 Changed: Aug 8 Last Checked: Aug 12 at 5:28AM

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 Aspen Group

Investment Insights

Based on property information with market context.

This main floor professional office suite includes a reception area, two private windowed offices, a conference room, and a filing room. The space is designed for daytime work with natural light throughout.

The property is described as having an excellent downtown location, with a covered parking structure across the street for employee and visitor parking convenience.

A 5-year minimum term is noted in the listing remarks, making it best suited for tenants looking for longer-term occupancy.

Key Highlights

  • Main floor professional office suite with natural light
  • Includes a reception area, conference room, and filing room
  • Two private windowed offices

Property Analytics

Current Use

Mike Kneeland - Benchmark ... Loan Service Bull and Bear Resources, ... Factory Great Plains Land ... Factory New York Life ... Insurance Agency Premier Wealth Strategies/New ... Financial Advisor

Suggested Use

Top Pick HVAC Service Locksmith Storage Facility (Bike/Boat/Book/etc) Store Fish Market Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,711
Businesses Nearby

Demographics for 58501, ND

28,388
Population
13,445
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
95%
High-School Grad
22.8 sq mi
ZIP Area
1,245
Density / Sq Mi
$69,796
Median Household Income
$45,237
Median Earnings
$938
Median Rent
$276,000
Median Home Value

Market

Lease Benchmarks for Bismarck, ND

$14.75 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
3,123 SF
Avg Space Size

This space is priced 36% above the average of $14.75 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Main floor suite with natural light, reception, two private windowed offices, conference, and filing room.
Where is this office units located?
The property is located at 120 N 3rd St Bismarck, ND.
What is the lease rate?
The lease rate is $1,950/Mo.
What are key features of this property?
This property features: Main floor professional office suite with natural light; Includes a reception area, conference room, and filing room; Two private windowed offices
(701) 400-7808 Call to check price and availability
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