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Updated Office Suite with Reception
For Lease
$14.50 SF/Yr

723 Memorial Hwy, Bismarck, ND 58504

Move-in ready office suite with reception, five offices, a large conference room, and newly remodeled interiors.

Space Size3,000 SF
Property Size12,947 SF
Days on Market98

Property Features for 723 Memorial Hwy

General Information

Standard status Active
Size 3,000 SF
Property subtype Office
Zoning CG
Lease Term Full Service

Amenities

reception area
conference room
break room
storage closet
common restroom

Building Details

Building Size 12,947 SF
Year Built 1957

Spaces For Lease

at 723 Memorial Hwy
Suite C $14.50/SF/Yr
Size 3,000 SF
Type Office Building
Term Negotiable
Contact us
Listed By: Brett Bina, Commercial REALTOR · License ##10592
Source: Thecragroup
Added: Jul 25 Changed: Oct 27 Last Checked: Oct 30 at 12:51PM

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 Brett Bina, Commercial REALTOR

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Investment Insights

Based on property information with market context.

This updated office suite is newly remodeled and designed for a flexible, functional layout. The suite includes a welcoming reception area, five spacious professional offices, a large conference room, and a break room, along with a storage closet.

A common restroom serves the suite, and parking is available with two spaces in front plus additional parking toward the back for employees and clients. The property is described as having convenient access and visibility.

As configured, the space provides both private office rooms and shared work areas suitable for businesses that need a mix of meeting and day-to-day workspace.

Key Highlights

  • Move‑in ready office suite with newly remodeled interiors
  • Reception area plus mix of private offices and open workspace
  • Includes 5 professional offices and a large conference room

Property Analytics

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

Current Use

North Dakota State ... State Government Office Rocky Gordon & Company, ... Property Management Company Aspen Group Property ... Property Management Company NDAA Apartment Building

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Daycare Center (Bike/Boat/Book/etc) Store Storage Facility Garden Center

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
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 58504, ND

29,517
Population
12,479
Households
2.4
Avg Household Size
35
Median Age
31%
College-Educated
94%
High-School Grad
103.3 sq mi
ZIP Area
286
Density / Sq Mi
$78,671
Median Household Income
$45,817
Median Earnings
$940
Median Rent
$282,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Bismarck, ND

$16.33 /SF/Yr
Avg Asking Price
$10–$28.57 /SF/Yr
Price Range
2,296 SF
Avg Space Size

This space is priced 11% below the average of $16.33 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Move-in ready office suite with reception, five offices, a large conference room, and newly remodeled interiors.
Where is this office unit located?
The property is located at 723 Memorial Hwy Bismarck, ND.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Move‑in ready office suite with newly remodeled interiors; Reception area plus mix of private offices and open workspace; Includes 5 professional offices and a large conference room
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