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North Bismarck Office Space Available
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4023 State St, Bismarck, ND 58503

Office space for lease in North Bismarck with upcoming improvements.

Space Size1,893 SF
Days on Market1593

Property Features for 4023 State St

General Information

Standard status Active
Size 1,893 SF
Property subtype Office
Lease Type Full Service

Building Details

Tenancy Single

Spaces For Lease

at 4023 State St Contact us

Available Space

Size
1,893 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Rise Property Brokers, Inc.
Listed By: George Yineman · License #ND 7535
Source: Crexi
Added: Apr 26, 2022 Changed: Aug 21 Last Checked: Sep 2 at 8:59AM

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 Rise Property Brokers, Inc.

Investment Insights

Based on property information with market context.

This commercial space, suitable for office use, offers 1,306 square feet of usable area and 1,893 square feet of leasable area. The property is located in North Bismarck, east of State Street, benefiting from an average daily traffic count of 25,800 vehicles per day. The space features a large, open work area. Signage opportunities are available. Common restrooms are provided. The landlord is responsible for common janitorial services, utilities, and snow removal. The landlord will finish the space for the tenant. Exterior improvements are planned for the property.

Key Highlights

  • Landlord will finish space for tenant, allowing for customization.
  • Great North Bismarck location with high traffic count (25,800 VPD).
  • Lease includes common janitorial, utilities, and snow removal.

Property Analytics

Current Use

RailWorks Track Systems General Contractor Stuhlmiller Insurance Services Insurance Agency Jessup Diesel Inc. General Contractor Jessup Diesel Inc General Contractor Beef Commission State Government Office

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center

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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

564
Businesses Nearby

Demographics for 58503, ND

37,157
Population
15,997
Households
2.3
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
135.6 sq mi
ZIP Area
274
Density / Sq Mi
$105,108
Median Household Income
$60,058
Median Earnings
$1,131
Median Rent
$383,300
Median Home Value

Market

Lease Benchmarks for Bismarck, ND

$15.42 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
3,321 SF
Avg Space Size

This space is priced 35% below the average of $15.42 /SF/Yr.

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 - Office space for lease in North Bismarck with upcoming improvements.
Where is this office units located?
The property is located at 4023 State St Bismarck, ND.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Landlord will finish space for tenant, allowing for customization.; Great North Bismarck location with high traffic count (25,800 VPD).; Lease includes common janitorial, utilities, and snow removal.
(701) 319-3000 Call to check price and availability
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