3102 Main Street Watford City, ND 58854
45,057 SF industrial facility with cranes and yard.
Property Features for 3102 Main Street
General Information
- Standard status
- Active
- Size
- 45,057 SF
- Property subtype
- Industrial
Listing office CBRE | Fargo (701) 660-3500
Listing date Mar 25, 2026
Source Cbre
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 CBRE | Fargo
Investment Insights
Based on property information with market context.
Key Highlights
- Large industrial facility: 45,057 SF of high‑quality space.
- Excellent accessibility: Located at the thoroughfare of Highway 85, S Main Street and Highway 23.
- Multiple drive‑in doors: Features 16 drive‑ins with various sizes for easy access.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $270.3k | $6.00 |
| − Vacancy | −$22.8k | −$0.51 |
| EGI | $247.5k | $5.49 |
| − OpEx | −$74.2k | −$1.65 |
| NOI | $173.2k | $3.85 |
