Equipped Restaurant Space
For Lease
Contact for pricing
623 S Washington St, Grand Forks, ND 58201
Fully equipped restaurant sublease opportunity in high-traffic Grand Forks corridor.
Space Size2,121 SF
Days on Market146
Property Features for 623 S Washington St
General Information
Standard status
Active
Size
2,121 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 623 S Washington St
623 S Washington St
$26/SF/Yr
Floor
1
Size
2,121 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
Yes
- Rare opportunity to sublease a beautifully designed, fully equipped restaurant in one of Grand Forks' busiest corridors. All equipment is available for purchase at an incredibly affordable price — making this one of the easiest and most cost-effective ways to get into a fully operational space. Strong traffic, excellent visibility, and a location that's proven to perform.
Contact us
Listing Agency:
Horizon Real Estate Group
(701) 478-7600
Listed By:
Jace Engelstad · License #10937
(701) 261-8061
Source:
Moodyscre
Added: May 27
Changed: Oct 4
Last Checked: Oct 19 at 9:26AM
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 Horizon Real Estate Group
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Investment Insights
Based on property information with market context.
This is an opportunity to sublease a fully equipped restaurant space. The restaurant features a design and is located in a high-traffic area. All equipment is available for purchase. The location offers strong traffic and excellent visibility. The space is in Grand Forks' busiest corridors.
Key Highlights
- Fully equipped restaurant, ready for immediate operation.
- Affordable equipment purchase price.
- High‑traffic location in a busy corridor.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
111k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 31%
McDonald's
Dining
22,168 visits/mo
0.4 miles
Starbucks
Dining
20,041 visits/mo
0.0 miles
Circle K
Shops & Services
15,367 visits/mo
0.5 miles
Taco Bell
Dining
15,176 visits/mo
0.5 miles
Grand Forks #2
Shops & Services
7,105 visits/mo
0.0 miles
Demographics for 58201, ND
42,598
Population
20,277
Households
2.1
Avg Household Size
34
Median Age
40%
College-Educated
96%
High-School Grad
69.0 sq mi
ZIP Area
617
Density / Sq Mi
$69,120
Median Household Income
$43,503
Median Earnings
$966
Median Rent
$274,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant sublease opportunity in high-traffic Grand Forks corridor.
Where is this conventional restaurant located?
The property is located at 623 S Washington St Grand Forks, ND.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Fully equipped restaurant, ready for immediate operation.; Affordable equipment purchase price.; High‑traffic location in a busy corridor.
