Drive-Thru Retail Suites in
For Lease
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1621 S University Dr, Fargo, ND 58103
New mixed-use development offers drive-thru-ready retail suites with outdoor patio option and tenant-paid utilities.
Space Size2,482 SF
Days on Market784
Property Features for 1621 S University Dr
General Information
Standard status
Active
Size
2,482 SF
Property subtype
RETAIL
Spaces For Lease
at 1621 S University Dr Contact us- Floor
- 1
- Size
- 2,482 SF
- Type
- RETAIL
- Lease Type
- NET_NNN
- Availability
- AVAILABLE, Completion
- Sublease
- No
BLOC Retail Space for Lease $24/SF/Yr
BLOC is a vibrant mixed use redevelopment project located in the heart of Fargo,...
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Listing Agency:
Property Resources Group
(701) 238-7370
Listed By:
Justin Gustofson
(701) 238-7370
Source:
Moodyscre
Added: Jun 20, 2024
Changed: Aug 8
Last Checked: Aug 11 at 1:38PM
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.
This mixed-use redevelopment project features 127 apartment units and nearly 16,000 SF of commercial space. Retail availability ranges from 2,015 to 15,951 SF, with multiple layout options depending on operational needs. Suite 100 includes space for an outdoor patio, and Suites 103, 104, and 107 are identified as having drive-thru capabilities.
The property is located just north of I-94 in Fargo on South University Drive, described as fronting a street with over 34,000 VPD. It is directly across from both Sanford Health and Essentia Health, providing a prominent, healthcare-adjacent location along a major Downtown-bound thoroughfare.
Construction is scheduled for completion in fall 2024. Lease rates are listed at $22.00 to $26.00 PSF, with estimated CAM at $5.00 PSF. A fit-up allowance of $35.00 PSF is noted, and the tenant is responsible for heat/AC, electric, and phone/internet.
The property is located just north of I-94 in Fargo on South University Drive, described as fronting a street with over 34,000 VPD. It is directly across from both Sanford Health and Essentia Health, providing a prominent, healthcare-adjacent location along a major Downtown-bound thoroughfare.
Construction is scheduled for completion in fall 2024. Lease rates are listed at $22.00 to $26.00 PSF, with estimated CAM at $5.00 PSF. A fit-up allowance of $35.00 PSF is noted, and the tenant is responsible for heat/AC, electric, and phone/internet.
Key Highlights
- BLOC mixed‑use redevelopment in Fargo just north of I‑94
- 127 apartment units plus nearly 16,000 SF of commercial space
- Available commercial suites range from 2,015 to 15,951 SF
Property Analytics
Property Profile
Current Use
Lease Details
$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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - New mixed-use development offers drive-thru-ready retail suites with outdoor patio option and tenant-paid utilities.
Where is this apartment building located?
The property is located at 1621 S University Dr Fargo, ND.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: BLOC mixed‑use redevelopment in Fargo just north of I‑94; 127 apartment units plus nearly 16,000 SF of commercial space; Available commercial suites range from 2,015 to 15,951 SF
