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Updated Office Suite with Reception
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723 Memorial Hwy, Bismarck, ND 58504

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

Property Size3,000 SF
Days on Market158

Property Features for 723 Memorial Hwy

General Information

Standard status Active
Size 3,000 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

reception area
conference room
break room
storage closet
common restroom
Listing Agency: The CRA Group
Listed By: Brett Bina · License #ND 9182
Source: Moodyscre
Added: Feb 24 Changed: Jul 26 Last Checked: Jul 31 at 6:08AM

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 The CRA Group

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

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 (Bike/Boat/Book/etc) Store Storage Facility Daycare Center 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

208
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

Market

Lease Benchmarks for Bismarck, ND

$17.11 /SF/Yr
Avg Asking Price
$12–$28.36 /SF/Yr
Price Range
4,318 SF
Avg Space Size

This space is priced 15% below the average of $17.11 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Move-in ready office suite with reception, five offices, a large conference room, and newly remodeled interiors.
Where is this office units 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
(701) 527-9101 Call to check price and availability
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