Williston Industrial Facility For
For Lease
$12.50 SF/Yr
805 48th Avenue West, Williston, ND 58801
Turn-key industrial facility in the Bakken Shale Formation epicenter.
Space SizeContact for details
Days on Market149
Property Features for 805 48th Avenue West
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
CBRE | Fargo
(701) 660-3500
Listed By:
Chance Lindsey
(701) 660-3500
Source:
Cbre
Added: Mar 25
Changed: Aug 11
Last Checked: Aug 20 at 11:18AM
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 CBRE | Fargo
Investment Insights
Based on property information with market context.
The former Baker Hughes facility in Williston, ND, constructed in 2013, is available for sale or lease. This institutional-quality asset features a best-in-class design. It offers an opportunity to immediately accommodate operations in the epicenter of the Bakken Shale Formation. Recent acceleration in Bakken activity has driven demand for facilities. The property was meticulously designed for functionality and effective operations. The facility is fully sprinkled and located within Williston city limits. The office area includes a passenger elevator and marble floors. A cafeteria with a commercial kitchen and employee locker rooms are present. The yard is fenced-in and includes 5.5 acres of exterior concrete paving. Two ingress/egress points provide access. The facility is equipped with fourteen cranes: twelve 2-ton cranes and two 5-ton cranes, as well as one 1-ton jib crane. The property has a size of 114340 square feet.
Key Highlights
- Turn‑key facility in the epicenter of the Bakken Shale Formation, allowing for immediate operations.
- Significant discount to replacement cost due to increased construction costs and natural barrier to entry.
- Institutional‑quality asset built in 2013 with best‑in‑class design.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 58801, ND
34,921
Population
17,095
Households
2
Avg Household Size
31
Median Age
25%
College-Educated
91%
High-School Grad
716.1 sq mi
ZIP Area
49
Density / Sq Mi
$90,119
Median Household Income
$53,496
Median Earnings
$1,116
Median Rent
$279,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Turn-key industrial facility in the Bakken Shale Formation epicenter.
Where is this industrial property located?
The property is located at 805 48th Avenue West Williston, ND.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Turn‑key facility in the epicenter of the Bakken Shale Formation, allowing for immediate operations.; Significant discount to replacement cost due to increased construction costs and natural barrier to entry.; Institutional‑quality asset built in 2013 with best‑in‑class design.
