Flex Building with Shop
2703 Morrison Avenue, Bismarck, ND 58504
For Lease
$11 SF/Yr
The shop is paired with air-conditioned office and support space, including zone controls and a security system.
Space SizeContact for details
Property Size6,330 SF
Days on Market987
Property Features for 2703 Morrison Avenue
General Information
Standard status
Size
Zoning
Additional Details
Warehouse Heated
Taxes and HOA fees
Annual Taxes
Amenities
security system
Rain Gutters
Lighting
Building Details
Building Size
Year Built
Stories
Listing Agency:
TRADEMARK REALTY
Listed By:
Hunt Boustead · License ND #8264
(701) 223-3030
Source:
Donner-realty
Added: Feb 27, 2024
Changed: Nov 7
Last Checked: Nov 8 at 5:56PM
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 TRADEMARK REALTY
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Investment Insights
Based on property information with market context.
Completed in 2023, this flex property combines a 4,470-square-foot shop with 1,860 square feet of office, storage, and bathroom space. The shop has three 14-by-14-foot overhead doors, 16-foot sidewalls, floor drains, shop heat, ceiling fans, and high-efficiency lighting. The office area has high-efficiency heating and air conditioning with zone controls, along with a security system. Zoning is MA.
A tenant may install a backlit sign on the building’s front facade facing Morrison Avenue.
A tenant may install a backlit sign on the building’s front facade facing Morrison Avenue.
Key Highlights
- 6,330‑square‑foot flex building completed in 2023
- 4,470‑square‑foot shop with three 14‑by‑14‑foot overhead doors
- Shop has 16‑foot sidewalls, floor drains, heat, ceiling fans, and high‑efficiency lighting
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 58504, ND
29,517
Population
12,479
Households
2.4
Avg Household Size
35
Median Age
31%
College-Educated
94%
High-School Grad
103.3 sq mi
ZIP Area
286
Density / Sq Mi
$78,671
Median Household Income
$45,817
Median Earnings
$940
Median Rent
$282,100
Median Home Value
Market
Lease Benchmarks for Bismarck, ND
$10.63 /SF/Yr
Avg Asking Price
$9.5–$12 /SF/Yr
Price Range
2,152 SF
Avg Space Size
This space is priced 3% above the average of $10.63 /SF/Yr.
Average Price Trend$/SF/Yr for Flex space in Bismarck, ND
Properties on Market for Flex space in Bismarck
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Key West Cafe Food Truck — carpet garage, bismarck, nd 58504
Frequently Asked Questions
What type of property is this?
Flex space - The shop is paired with air-conditioned office and support space, including zone controls and a security system.
Where is this flex space located?
The property is located at 2703 Morrison Avenue Bismarck, ND.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 6,330‑square‑foot flex building completed in 2023; 4,470‑square‑foot shop with three 14‑by‑14‑foot overhead doors; Shop has 16‑foot sidewalls, floor drains, heat, ceiling fans, and high‑efficiency lighting
