Equipped Restaurant
New
For Lease
Contact for pricing
623 S Washington St, Grand Forks, ND 58201
Restaurant space offered through a sublease arrangement with equipment available for purchase.
Space Size2,121 SF
Days on Market5
Property Features for 623 S Washington St
General Information
Standard status
Active
Size
2,121 SF
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Space Use
Restaurant
Sublease
Yes
Additional Details
Equipment Included
No
Spaces For Lease
at 623 S Washington St Contact us- Floor
- 1
- Size
- 2,121 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- Yes
623 S Washington St $26/SF/Yr
- Rare opportunity to sublease a beautifully designed, fully equipped restaurant...
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Contact us
Listing Agency:
Horizon Real Estate Group
(701) 261-8061
Listed By:
Jace Engelstad · License #8360
Source:
Moodyscre
Added: Aug 18
Changed: Aug 21
Last Checked: Aug 21 at 4:50AM
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
Investment Insights
Based on property information with market context.
A 2,121-square-foot restaurant property is available for sublease at 623 S Washington St in Grand Forks, North Dakota. The space is described as fully equipped, with restaurant equipment available for separate purchase.
The property is located within the Grand Forks commercial market and is offered as a restaurant-oriented space. The existing equipment package provides a defined physical setup for restaurant use without introducing unsupported details about layout, condition, or operations.
The property is located within the Grand Forks commercial market and is offered as a restaurant-oriented space. The existing equipment package provides a defined physical setup for restaurant use without introducing unsupported details about layout, condition, or operations.
Key Highlights
- 2,121‑square‑foot restaurant property
- Available through a sublease
- Restaurant equipment available for purchase
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space offered through a sublease arrangement with equipment available for purchase.
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: 2,121‑square‑foot restaurant property; Available through a sublease; Restaurant equipment available for purchase
