Industrial Flex Property with Secure
6008 US-2 Minot, ND 58701
For Sale
Contact for pricing
Two-building industrial site offers office areas, heated and unheated shop space, and a fenced, gated secure yard.
Property Size12,600 SF
Price / SF$93.25
Days on Market154
Property Features for 6008 US-2
General Information
Standard status
Active
Size
12,600 SF
Property subtype
INDUSTRIAL
Listing Agency:
Aspen Group
(701) 223-2450
Listed By:
Liz Spaeth
Source:
Moodyscre
Added: Feb 24
Changed: Jul 25
Last Checked: Jul 27 at 1:35PM
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 Aspen Group
Investment Insights
Based on property information with market context.
This industrial flex property consists of 12,600 square feet across two buildings, supported by a secured, fenced yard. The main building totals 9,000 square feet and includes two office areas totaling 6,000 square feet plus two heated shop spaces totaling 3,000 square feet. Overhead access includes one 14’ x 12’ door, along with a two-story section that features two additional 12’ x 12’ overhead doors.
The second building provides 3,600 square feet of unheated shop or warehouse space with electricity and a concrete floor, along with two 16’ x 16’ overhead doors.
A 190’ by 80’ secure yard is enclosed with chain-link fencing and three-strand barbed wire, and includes an electric remote-controlled gate. The property is positioned for visibility from Highway 2.
The second building provides 3,600 square feet of unheated shop or warehouse space with electricity and a concrete floor, along with two 16’ x 16’ overhead doors.
A 190’ by 80’ secure yard is enclosed with chain-link fencing and three-strand barbed wire, and includes an electric remote-controlled gate. The property is positioned for visibility from Highway 2.
Key Highlights
- Two‑building commercial/industrial site totaling 12,600 SF along Highway 2 with a secured yard.
- Main building includes 9,000 SF: two office areas totaling 6,000 SF and two heated shop spaces totaling 3,000 SF.
- Main building has (1) 14’ x 12’ overhead door and a two‑story area with (2) 12’ x 12’ overhead doors.
Financial Insights For Warehouse
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 | $98.3k | $7.80 |
| − Vacancy | −$7.7k | −$0.61 |
| EGI | $90.6k | $7.19 |
| − OpEx | −$13.6k | −$1.08 |
| NOI | $77.0k | $6.11 |
12,600 SF · lease $7.80/SF/yr · vacancy 7.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.10M
$962.8K – $1.28M
NOI $77,022 @ 7.0% cap · market cap 6.56%
Second Best
Industrial
$906.1K
$792.9K – $1.06M
NOI $63,430 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,420 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Two-building industrial site offers office areas, heated and unheated shop space, and a fenced, gated secure yard.
Where is this flex space located?
The property is located at 6008 US-2 Minot, ND.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Two‑building commercial/industrial site totaling 12,600 SF along Highway 2 with a secured yard.; Main building includes 9,000 SF: two office areas totaling 6,000 SF and two heated shop spaces totaling 3,000 SF.; Main building has (1) 14’ x 12’ overhead door and a two‑story area with (2) 12’ x 12’ overhead doors.
