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Retail Storefront with High Traffic
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1503-1557 University Dr S, Fargo, ND 58103

Retail storefront space with negotiable tenant improvements and traffic counts exceeding 26,000 cars per day (FM Metro COG).

Property Size1,760 SF
Days on Market747

Property Features for 1503-1557 University Dr S

General Information

Standard status Active
Size 1,760 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: Horizon Real Estate Group
Listed By: David Schlossman, CCIM · License #8360
Source: Moodyscre
Added: Jul 15, 2024 Changed: Jul 26 Last Checked: Jul 31 at 6:29AM

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 storefront space available for lease at 1503-1557 University Dr S in Fargo, ND. Tenant improvements are negotiable, with incentives discussed on a per-square-foot basis. Exterior renovations are planned for the future.

The site is supported by traffic counts exceeding 26,000 cars per day (FM Metro COG), which can be a practical fit for retail users seeking strong passing visibility.

The offering includes retail space in a storefront-oriented configuration, with lease terms and tenant improvement support subject to negotiation.

Key Highlights

  • Retail storefront space with negotiable tenant improvements
  • Tenant improvement allowance listed as negotiable from $0.00 to $30.00/SF
  • Traffic counts exceed 26,000 cars per day (FM Metro COG)

Property Analytics

Current Use

Storefront properties

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby
Under-served
Demand for This Use

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?
Storefront property - Retail storefront space with negotiable tenant improvements and traffic counts exceeding 26,000 cars per day (FM Metro COG).
Where is this storefront property located?
The property is located at 1503-1557 University Dr S Fargo, ND.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Retail storefront space with negotiable tenant improvements; Tenant improvement allowance listed as negotiable from $0.00 to $30.00/SF; Traffic counts exceed 26,000 cars per day (FM Metro COG)
(701) 261-6161 Call to check price and availability
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