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Street-Level Retail Space

1621 University Drive South, Fargo, ND 58103

For Lease
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Retail suites sit across University Drive from Sanford and Essentia Health.

Space Size2,482 SF - 3,022 SF
Days on Market9

Property Features for 1621 University Drive South

General Information

Standard status Active
Size 2,482 SF - 3,022 SF
Net Rentable 1,400 SF
Property subtype Retail, Office, Restaurant

Space & Availability

Available Space 1,400-3,022 SF
Floor Ground
Space Use Retail

Site & Location

Neighborhood Lewis & Clark Neighborhood
Traffic Count 32,000 vehicles/day
Highway Access Yes

Amenities

ample on-site parking

Building Details

Tenancy Multi

Spaces For Lease

at 1621 University Drive South Contact us

Suite 103 Active

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Suite 107 Active

Size 2,482 SF
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Suite 110 Active

Size 3,022 SF
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Listing Agency: Core Property Group
Listed By: Jeremy Horst · License ND #8209
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 4:56PM

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 Core Property Group

Rey
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Investment Insights

Based on property information with market context.

Retail space at 1621 University Drive South in Fargo is offered in suites ranging from 1,400 SF to 3,022 SF. The retail component is at street level within a building with 126 apartments above; those apartments are fully leased and house roughly 200 residents. Three food and beverage businesses also operate at the property.

University Drive carries an average of 32,000 vehicles per day, and Interstate 94 is two blocks south. Sanford and Essentia Health are directly across the street. Approximately 190,000 people live within five miles of the property.

Key Highlights

  • Retail suites available from 1,400 SF to 3,022 SF
  • 126 fully leased apartments above the retail, with roughly 200 residents
  • Three food and beverage businesses at the property

Property Analytics

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

Current Use

South Plaza Shopping ... Shopping Center & Mall Elite Insurance Insurance Agency Jeanie Ark Barber Barber Shop Coinflip Bitcoin ATM Financial Advisor Retzer Industrial General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Restaurant Auto Parts Store Parking Lot & Garage

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

32,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

814
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Fargo, ND

$15.27 /SF/Yr
Avg Asking Price
$10.5–$22 /SF/Yr
Price Range
5,903 SF
Avg Space Size

Properties on Market for Retail space in Fargo

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail suites sit across University Drive from Sanford and Essentia Health.
Where is this retail space located?
The property is located at 1621 University Drive South Fargo, ND.
What are key features of this property?
This property features: Retail suites available from 1,400 SF to 3,022 SF; 126 fully leased apartments above the retail, with roughly 200 residents; Three food and beverage businesses at the property
(701) 371-8234 Call to check price and availability
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