2746 Roughneck Rd Alexander, ND 58831
- Industrial properties
- 11,250 SF
- 2.49 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 2746 Roughneck Rd
- Year built
- 2013
- Lot size
- 2.49 lot acres
- Property size
- 11,250 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional investment opportunity presents a fully leased, 11,250-square-foot industrial flex building situated on a 2.49-acre lot in Alexander, North Dakota. Constructed in 2013 with a 4,250-square-foot warehouse addition in 2015, the property boasts 2,000 square feet of office space. The building features steel construction, three drive-in doors, and an 18-foot clear ceiling height. Heating is provided by gas. The property is zoned C-Commercial and benefits from a convenient location just off Highway 85 in Alexander Energy Park, roughly two miles south of downtown Alexander. The current lease, with a term expiring in May 2027, includes 3% annual escalations and a three-year renewal option. The property is priced to yield a 9% cap rate. The parcel ID is 01-02-00900. Additional details are available upon request. This is a rare opportunity to acquire a high-quality, fully leased industrial property in a growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alexander
- County
- McKenzie
- State
- North Dakota
- Longitude
- -103.642
- Latitude
- 47.8117
