Spaces For Lease

at 516-524 Broadway N

516 - 524 Broadway N $23.20/SF/Yr

Floor 1

Size 5,981 SF

Type RETAIL

Lease Type NNN

Availability AVAILABLE, Now

Sublease No

- Situated in the heart of downtown Fargo, 516–522 Broadway offers a prime location with 5,981 square feet of available space that can be subdivided to accommodate a variety of tenant needs. - Positioned along Broadway, Fargo’s premier retail and dining corridor, the property benefits from exceptional visibility, steady pedestrian traffic, and proximity to some of the city’s most notable attractions. - Tenants will be surrounded by a vibrant mix of boutiques, restaurants, coffee shops, entertainment venues, and professional offices. - The location is within walking distance of the historic Fargo Theatre, boutique hotels, and numerous residential developments, ensuring a consistent flow of customers and activity year-round. - The property provides easy access to major downtown parking facilities, bike-friendly streets, and is just minutes from Interstates 29 and 94, connecting it seamlessly to the greater Fargo-Moorhead area. - Heat is included in CAM charges.

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Listing Agency: Horizon Real Estate Group Show Phone

Listed By: David Schlossman, CCIM · License #8360 Show Phone

Source: Moodyscre

Added: Feb 19 Changed: Oct 25 Last Checked: Nov 1 at 5:43AM

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Investment Insights

Based on property information with market context.

516–524 Broadway N in downtown Fargo offers 5,981 square feet of retail space that can be subdivided to accommodate a variety of tenant needs. The space is positioned along Broadway, Fargo’s retail and dining corridor, with day-to-day activity supported by nearby boutiques, restaurants, coffee shops, entertainment venues, and professional offices.

The property is within walking distance of the historic Fargo Theatre, boutique hotels, and numerous residential developments. It also provides easy access to major downtown parking facilities and bike-friendly streets, with Interstates 29 and 94 just minutes away for connectivity throughout the greater Fargo-Moorhead area.

Heat is included in the CAM charges, helping simplify operating expense planning for the tenant occupying the available space.

Key Highlights

• 5,981 square feet of retail space available and subdividable
• Positioned along Broadway in downtown Fargo retail and dining corridor
• Within walking distance of the historic Fargo Theatre

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith Daycare Center Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher 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

NNN (Triple Net)

Lease Type

$3.48 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,134

Businesses Nearby

Explore this area Business Placement

Demographics for 58102, ND

30,767

Population

16,757

Households

1.8

Avg Household Size

32

Median Age

45%

College-Educated

95%

High-School Grad

31.6 sq mi

ZIP Area

974

Density / Sq Mi

$56,028

Median Household Income

$31,939

Median Earnings

$829

Median Rent

$235,600

Median Home Value

Market

Lease Benchmarks for Fargo, ND

$15.27 /SF/Yr

Avg Asking Price

$10.5–$22 /SF/Yr

Price Range

5,903 SF

Avg Space Size

This space is priced 52% above the average of $15.27 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space along Broadway with heat included in CAM charges and 5,981 square feet available for tenant needs.

Where is this retail space located?

The property is located at 516-524 Broadway N Fargo, ND.

What is the lease rate?

The lease rate is $23.20 SF/Yr.

What are key features of this property?

This property features: 5,981 square feet of retail space available and subdividable; Positioned along Broadway in downtown Fargo retail and dining corridor; Within walking distance of the historic Fargo Theatre