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Condo Shop Units with Fenced Storage
For Lease
$301,500 NNN

3232 Airway Avenue 1, Bismarck, ND 58504

Flexible condo shop units with overhead door access, radiant heat, and optional secured outside fenced storage.

Space SizeContact for details
Days on Market50

Property Features for 3232 Airway Avenue 1

General Information

Standard status Active
Total Parking Spaces 137
Property subtype Commercial

Site & Location

Highway Access Yes
Fenced Yard Yes

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1
Heavy Power Yes
Listing Agency: Oaktree Realty
Listed By: DARREN SCHMIDT · License #7897
Source: Trademarknd
Added: Jul 7 Changed: Aug 15 Last Checked: Aug 24 at 7:24AM

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 Oaktree Realty

Investment Insights

Based on property information with market context.

Airway Project Shop Condominiums offer condo shop units designed for business or personal use, with the option for individually secured outside fenced storage areas. Each unit includes a 14x14 front overhead door with opener and WiFi connection capabilities, 16-foot sidewalls, energy-efficient radiant heat, hot and cold water, a trench floor drain, and 220A 220V 3-phase electrical power. A front office with a window includes an installed PTAC heat and A/C unit for temperature control. The bathroom features a toilet and sink, plus a 50-gallon water heater, with an option for a shower and a laundry area. Units also include front and rear service doors for legal business operations, and can be combined with an open interior span.

The development is located in south Bismarck with easy access to Bismarck Expressway and I-94. The property includes 137 total parking spaces, along with lighted exterior areas and available signage space. An association governed by covenants and by-laws provides snow removal, water, sewer, exterior maintenance, and exterior insurance.

For leasing, the stated rate is $10.00 psf NNN, with tenants responsible for the association fee, annual taxes, annual special installments, and utilities. Monthly association fees are estimated at $0.60 psf per year per unit, and taxes and specials are incomplete and require verification. Units are expected to be ready for occupancy in Summer 2026.

Key Highlights

  • Condo shop units in south Bismarck with easy access to Bismarck Expressway and I‑94; available for sale or for lease.
  • Unit size range of 2,010–2,040 SF, with option to combine units for an open interior span.
  • 14x14 front overhead door with opener and WIFI connection, plus 16‑foot sidewalls and front/rear service doors.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Locksmith Grocery & Convenience Store Catering Service Dental Office Pharmacy Barber Shop

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

16 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby
Well-served
Demand for This Use

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

$11.38 /SF/Yr
Avg Asking Price
$9.5–$12 /SF/Yr
Price Range
2,956 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible condo shop units with overhead door access, radiant heat, and optional secured outside fenced storage.
Where is this flex space located?
The property is located at 3232 Airway Avenue 1 Bismarck, ND.
What is the lease rate?
The lease rate is $301,500.
What are key features of this property?
This property features: Condo shop units in south Bismarck with easy access to Bismarck Expressway and I‑94; available for sale or for lease.; Unit size range of 2,010–2,040 SF, with option to combine units for an open interior span.; 14x14 front overhead door with opener and WIFI connection, plus 16‑foot sidewalls and front/rear service doors.
More about this property
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