Listing Agency: CBRE | Fargo C***@cbre.com Show Phone

Listed By: Chance Lindsey Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 14 Last Checked: Aug 21 at 11:31AM

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Investment Insights

Based on property information with market context.

Available for sale or lease is a 44,485 square foot warehouse space. The site is equipped with industrial infrastructure and features rail access. The property includes a fenced yard and two points for ingress and egress. City services are available. The roof has a coating under warranty.

Key Highlights

• 44,485 SF of premium warehouse space
• Excellent rail access
• Fenced Yard for secure storage

Property Analytics

Property Profile

Current Use

Northrop Grumman Corporate Office Uniman Corporate Office

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Florist

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

$1.01 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

198

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 58763, ND

5,009

Population

2,337

Households

2.1

Avg Household Size

31

Median Age

25%

College-Educated

88%

High-School Grad

532.7 sq mi

ZIP Area

9

Density / Sq Mi

$64,743

Median Household Income

$44,865

Median Earnings

$784

Median Rent

$219,500

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• New Town Storage — 499 2nd St S, New Town, ND 58763
• United Quality Cooperative Grain Elevator New Town — 222 3rd St S, New Town, ND 58763

Frequently Asked Questions

What type of property is this?

Warehouse - 44,485 SF warehouse space for sale or lease.

Where is this warehouse located?

The property is located at 601 Main Street Newtown, ND.

What is the lease rate?

The lease rate is $6.75 SF/Yr.

What are key features of this property?

This property features: 44,485 SF of premium warehouse space; Excellent rail access; Fenced Yard for secure storage