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Office Suite Center with Parking
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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 Market241

Property Features for 3320 Westrac Dr S

General Information

Standard status Active
Size 33,319 SF
Property subtype OFFICE

Additional Details

Business Included No
Highway Access Yes
Listing Agency: JBC Commercial
Listed By: Karsten Broadley
Source: Moodyscre
Added: Dec 3, 2025 Changed: Jul 28 Last Checked: Aug 1 at 8:41AM

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

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.

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 For Office B

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 $619.7k $18.60
− Vacancy −$99.2k −$2.98
EGI $520.6k $15.62
− OpEx −$130.1k −$3.91
NOI $390.4k $11.72
33,319 SF · lease $18.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$5.58M
$4.88M – $6.51M (±1% cap)
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 (±1% cap)
NOI $505,942 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Tech Mahindra Corporate Office RealTruck Marketing & Advertising Beyond Shelter Corporate Office Calibrate Wealth Partners Bank BioResource Services Electric Utility Company

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Parking Lot & Garage Pet Grooming Service Electrical Service Restaurant

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,423
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Westrac Business Center offers office suites with ample onsite parking and easy access to major roads.
Where is this office units 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
(218) 431-0537 Call to check price and availability
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