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Neighborhood Retail Strip Center
For Lease
$12.85 SF/Yr

1503-1543 University Dr S, Fargo, ND 58103

Retail suites serve a mixed residential and office district near a signalized intersection with Hornbacher's grocery store.

Space Size1,530 SF - 1,860 SF
Property Size25,636 SF
Days on Market143

Property Features for 1503-1543 University Dr S

General Information

Standard status Active
Size 1,530 SF - 1,860 SF
Class B
Property subtype Retail - Street Retail

Building Details

Building Size 25,636 SF
Year Built 1955
Units 3

Spaces For Lease

at 1503-1543 University Dr S Contact us

1517 $14/SF/Yr

Floor
1
Size
1,860 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

1515 $14/SF/Yr

Size
1,760 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

1521 $12.85/SF/Yr

Size
1,530 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Horizon Real Estate Group
Listed By: David Schlossman, CCIM · License #8360
Source: Commercialcafe
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 7:14PM

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 Horizon Real Estate Group

Investment Insights

Based on property information with market context.

Retail space is available at Southside Center, a strip-center property built in 1955 at 1503–1543 University Dr S. in Fargo. The center is positioned within an established commercial area combining single-family housing and office uses, including Sanford's University clinic.

University Drive provides a principal route toward Downtown Fargo, with reported traffic exceeding 26,000 cars per day. The property is situated between 13th Avenue and I-94 and shares a signalized intersection with Hornbacher's grocery store. Additional area context includes a Starbucks within 0.2 miles and the mixed-use Bloc Project, reflecting nearby redevelopment activity.

Key Highlights

  • Retail center at 1503–1543 University Dr S., Fargo, ND 58103
  • University Drive traffic exceeds 26,000 cars per day
  • Signalized intersection shared with Hornbacher's grocery store

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Law Firm Dental Office Auto Parts 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
$1.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail suites serve a mixed residential and office district near a signalized intersection with Hornbacher's grocery store.
Where is this strip mall located?
The property is located at 1503-1543 University Dr S Fargo, ND.
What is the lease rate?
The lease rate is $12.85 SF/Yr.
What are key features of this property?
This property features: Retail center at 1503–1543 University Dr S., Fargo, ND 58103; University Drive traffic exceeds 26,000 cars per day; Signalized intersection shared with Hornbacher's grocery store
More about this property
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