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Retail Space Near Mezzo Apartments
For Lease
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2911 45th St S, Fargo, ND 58104

Retail space adjacent to apartments and established businesses.

Space Size1,780 SF
Days on Market881

Property Features for 2911 45th St S

General Information

Standard status Active
Size 1,780 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 2911 45th St S
2911 45th St S $24/SF/Yr
Floor 1
Size 1,780 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Beautiful Class A design - Immediate occupancy - Incredible co-tenancy - Tenant Expenses: Electricity, Gas
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Listing Agency: Horizon Real Estate Group
Listed By: David Schlossman, CCIM · License #8360
Source: Moodyscre
Added: May 17, 2024 Changed: Oct 10 Last Checked: Oct 12 at 7:05PM

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.

This retail space benefits from its location next to the Mezzo Apartments, a residential community with 122 units built in 2018. The property also features co-tenancy with The Nail Bar, Dreamland Indoor Playground, and Happy Joes Pizza. This combination aims to attract a diverse customer base and establish the neighborhood as a retail destination.

Key Highlights

  • Prime location in a top retail destination.
  • Adjacency to Mezzo Apartments, a 122‑unit residential community, providing a built‑in customer base.
  • Co‑tenancy with The Nail Bar, Dreamland Indoor Playground, and Happy Joes Pizza.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Electrical Service Parking Lot & Garage Storage Facility Auto Repair Shop Grocery & Convenience Store

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

883
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 100%
Hampton Inn & Suites Fargo Medical Center Hotels & Casinos
3,318 visits/mo 0.5 miles

Demographics for 58104, ND

48,150
Population
21,847
Households
2.2
Avg Household Size
32
Median Age
49%
College-Educated
98%
High-School Grad
28.0 sq mi
ZIP Area
1,720
Density / Sq Mi
$85,014
Median Household Income
$51,148
Median Earnings
$1,087
Median Rent
$346,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Fargo, ND

$15.34 /SF/Yr
Avg Asking Price
$10.5–$22 /SF/Yr
Price Range
5,743 SF
Avg Space Size

This space is priced 56% above the average of $15.34 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space adjacent to apartments and established businesses.
Where is this retail space located?
The property is located at 2911 45th St S Fargo, ND.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime location in a top retail destination.; Adjacency to Mezzo Apartments, a 122‑unit residential community, providing a built‑in customer base.; Co‑tenancy with The Nail Bar, Dreamland Indoor Playground, and Happy Joes Pizza.
(701) 261-6161 Call to check price and availability
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