Downtown Office Space
For Lease
$14 SF/Yr CAM $4 /SF/Yr
505 East Main Avenue, Bismarck, ND 58501
5,290 SF office space in a desirable downtown location.
Space Size5,290 SF
Days on Market167
Property Features for 505 East Main Avenue
General Information
Standard status
Active
Size
5,290 SF
Property subtype
Office
Lease Term
Full Service
Spaces For Lease
at 505 East Main Avenue Contact us- Size
- 5,290 SF
- Term
- Negotiable
505 E Main Ave, 2nd Floor $14/SF/Yr
Listing Agency:
Rise Property Brokers
(701) 319-3000
Listed By:
George Yineman · License #ND #7535
Source:
Risepropertybrokers
Added: Mar 6
Changed: Aug 15
Last Checked: Aug 20 at 4:56AM
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
Investment Insights
Based on property information with market context.
This property offers 5,290 square feet of lease space at a rate of $14 per square foot, plus $4 CAM, situated in a desirable downtown location. The space includes 12 private offices, conference rooms, a media room, and a large break room. Interior finishes consist of checker-plate flooring, laminate plank, and ceramic tile. Tenants have access to 10 assigned parking spaces in a private lot with a parking attendant. The property also features a copier/mail room, a storage room, and multi-stall restrooms. Great views are available from every office. Basement storage is also available. The surrounding neighborhood includes multiple restaurants, coffee shops, retail stores, hospitals, banks, and parking garages. Traffic counts are 12,860 vehicles per day on East Main Avenue and 2,995 vehicles per day on South 5th Street, totaling 15,855 vehicles per day. The location has a Walk Score of 82, indicating that most errands can be accomplished on foot.
Key Highlights
- Highly desirable downtown location with a Walk Score of 82, offering convenient access to amenities.
- 5,290 SF of prime lease space at $14 PSF + $4 CAM, representing outstanding value.
- Includes 10 assigned parking spaces in a private lot with a parking attendant.
Property Analytics
Property Profile
Current Use
Lease Details
$4 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,605
Businesses Nearby
Explore this area
Business Placement
Demographics for 58501, ND
28,388
Population
13,445
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
95%
High-School Grad
22.8 sq mi
ZIP Area
1,245
Density / Sq Mi
$69,796
Median Household Income
$45,237
Median Earnings
$938
Median Rent
$276,000
Median Home Value
Market
Lease Benchmarks for Bismarck, ND
$14.75 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
3,360 SF
Avg Space Size
This space is priced 5% below the average of $14.75 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 5,290 SF office space in a desirable downtown location.
Where is this office units located?
The property is located at 505 East Main Avenue Bismarck, ND.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Highly desirable downtown location with a Walk Score of 82, offering convenient access to amenities.; 5,290 SF of prime lease space at $14 PSF + $4 CAM, representing outstanding value.; Includes 10 assigned parking spaces in a private lot with a parking attendant.
