The Veterans Mall | 3155 Bluestem Dr
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The Veterans Mall 3155 Bluestem Dr
11,957 SF 100% Leased Retail Building West Fargo, ND 58078 £3,433,755 (£287/SF) 6% Net Initial Yield
Investment Highlights
- Beautiful Class A design
- Strong tenant mix
- Prime location on West Fargo's premier retail corridor and in a high growth and affluent area of Fargo and West Fargo.
- 100% occupied, turnkey investment with upside potential as well!
- Combined traffic counts on Veterans Blvd and 32nd Ave are around 40,000 vehicles per day. Visible monument sign right on Veterans Blvd.
- Supported by consistent residential and commercial growth as well the highly anticipated Urban Plains mixed use development right across the road!
Executive Summary
Strategically positioned on Veterans Blvd, West Fargo's premier retail corridor, this fully leased shopping center presents a lucrative investment opportunity. Featuring a sophisticated Class A design, the property hosts a dynamic mix of national franchises and esteemed local tenants. Its prime location, directly across from the future Urban Plains mixed-use development, promises sustained foot traffic and increased consumer engagement, making it a jewel in West Fargo's retail landscape.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,957 SF
Building Class
B
Year Built
2016
Price
£3,433,755
Price Per SF
£287
Net Initial Yield
6%
NOI
£206,025
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.14
Land Acres
1.96 AC
Zoning
C - Light Commercial District
Amenities
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £706,244 | |
Land Assessment | £535,007 | Total Assessment | £1,241,250 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£535,007
Improvements Assessment
£706,244
Total Assessment
£1,241,250
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The Veterans Mall | 3155 Bluestem Dr
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