Office Suite Center with
For Sale
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3320 Westrac Dr S, Fargo, ND 58103
Westrac Business Center offers office suites with ample onsite parking and easy access to major roads.
Property Size33,319 SF
Price / SF$159.07
Days on Market333
Property Features for 3320 Westrac Dr S
General Information
Standard status
Active
Size
33,319 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Westgate Neighborhood
Highway Access
Yes
Additional Details
Business Included
No
Listing Agency:
JBC Commercial
(701) 929-6000
Listed By:
Karsten Broadley
(218) 431-0537
Source:
Moodyscre
Added: Dec 3, 2025
Changed: Oct 25
Last Checked: Oct 30 at 6:06PM
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 JBC Commercial
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Investment Insights
Based on property information with market context.
Westrac Business Center offers a variety of office suites designed to accommodate different office users. The property is configured for suite-level occupancy, making it suitable for businesses seeking dedicated office space within a multi-suite office environment.
Located in Fargo, ND, the center provides easy access to Main Avenue, 13th Avenue, and I-29. Ample onsite parking is available for employees and clients.
This is a for-sale office property featuring multiple available suites in a centrally located business center setting.
Located in Fargo, ND, the center provides easy access to Main Avenue, 13th Avenue, and I-29. Ample onsite parking is available for employees and clients.
This is a for-sale office property featuring multiple available suites in a centrally located business center setting.
Key Highlights
- Westrac Business Center offers a variety of office suites for different office‑user needs
- Centrally located with easy access to Main Avenue, 13th Avenue, and I‑29
- Ample on‑site parking available for tenants and clients
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$390,432
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,808,640
$7.8M
Cap Rate 7%
$5,577,600
$5.6M
Cap Rate 9%
$4,338,133
$4.3M
Market Conditions
NOI Build-Up for 33,319 SF
Gross rent
$619.7K $18.60/SF
− Vacancy
−$99.2K −$2.98/SF
EGI
$520.6K $15.62/SF
− OpEx
−$130.1K −$3.91/SF
NOI
$390.4K $11.72/SF
Area
Fargo, ND
Vacancy
16.00%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,808,640
Cap Rate 7%
$5,577,600
Cap Rate 9%
$4,338,133
Alternative Uses
Best Use
Office B
$5.58M
$4.88M – $6.51M
NOI $390,432 @ 7.0% cap · market cap 7.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.23M
$6.32M – $8.43M
NOI $505,942 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,423
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Westrac Business Center offers office suites with ample onsite parking and easy access to major roads.
Where is this office unit located?
The property is located at 3320 Westrac Dr S Fargo, ND.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Westrac Business Center offers a variety of office suites for different office‑user needs; Centrally located with easy access to Main Avenue, 13th Avenue, and I‑29; Ample on‑site parking available for tenants and clients
