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Renovated Downtown Office Units
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300 Np Ave N, Fargo, ND 58102

Full-service lease includes utilities, shared conference space, exercise facilities, and access to parking.

Space Size1,000 SF
Days on Market1410

Property Features for 300 Np Ave N

General Information

Standard status Active
Size 1,000 SF
Property subtype OFFICE
Lease Type Full Service

Site & Location

Neighborhood Downtown Neighborhood

Additional Details

Floor Lower Level
Rent per SF/Year $5-$11

Amenities

shared conference room
exercise room
underground parking

Spaces For Lease

at 300 Np Ave N
Centennial Building $17.70/SF/Yr
Floor 1
Size 1,000 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease Yes
- Beautifully renovated historic downtown property featuring underground parking, shared conference room and exercise room. Additional city owned surface and underground parking is nearby. - This is a full service lease with all utilities paid. Increases in CAM over the first lease year of the lease are passed through to the tenant. - Lower level space if built-out is $11 psf, as is storage space is $5 psf.
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Listing Agency: JBC Commercial
Listed By: Jim Buus · License #2216
Source: Moodyscre
Added: Dec 22, 2022 Changed: Oct 26 Last Checked: Oct 30 at 3:00PM

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 JBC Commercial

Rey
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Investment Insights

Based on property information with market context.

This renovated historic downtown property offers 1,000 square feet of office space with access to an underground parking facility. Shared property amenities include a conference room and exercise room, providing additional functionality for occupants and visitors.

The space is offered under a full-service lease with all utilities paid. Increases in CAM during the first lease year are passed through to the tenant. Additional city-owned surface and underground parking is located nearby.

Key Highlights

  • Renovated historic downtown office property
  • 1,000 square feet of office space
  • Underground parking available at the property

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Grocery & Convenience Store Garden Center Electrical Service

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
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,416
Businesses Nearby

Demographics for 58102, ND

30,767
Population
16,757
Households
1.8
Avg Household Size
32
Median Age
45%
College-Educated
95%
High-School Grad
31.6 sq mi
ZIP Area
974
Density / Sq Mi
$56,028
Median Household Income
$31,939
Median Earnings
$829
Median Rent
$235,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Fargo, ND

$10.25 /SF/Yr
Avg Asking Price
$5.5–$14 /SF/Yr
Price Range
9,223 SF
Avg Space Size

This space is priced 22% below the average of $10.25 /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

Frequently Asked Questions

What type of property is this?
Office unit - Full-service lease includes utilities, shared conference space, exercise facilities, and access to parking.
Where is this office unit located?
The property is located at 300 Np Ave N Fargo, ND.
What is the lease rate?
The lease rate is $17.70 SF/Yr.
What are key features of this property?
This property features: Renovated historic downtown office property; 1,000 square feet of office space; Underground parking available at the property
(701) 936-8165 · Office Call to check price and availability
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