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Portfolio of 3 Commercial Buildings

3 Properties Offered at £2,108,703 in Fargo, ND

Executive Summary

Welcome to an exceptional opportunity that is centrally located, zoned Limited Industrial (LI), and set up to cater to a diverse range of business needs. This property boasts a versatile mix of spaces, ideal for manufacturing, wholesale, warehousing, and distribution-related activities. With the added advantage of office accommodations and warehouse facilities, it offers a comprehensive solution for various industrial operations and small office users. Currently operating at a 7.5% cap rate, this listing presents significant potential for rent improvements, making it an attractive investment for those looking to maximize returns. Don’t miss out on securing this dynamic and thriving portfolio.

Property Facts

Price £2,108,703
Price / SF £87.94 / SF
Net Initial Yield 7.51%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 23,978 SF
Total Land Area 4.65 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Westrac Business Center
3309 Fiechtner Dr, Fargo, ND 58103
Industrial 4,500 SF 1986 -
3317 Fiechtner Dr S, Fargo, ND 58103 Industrial 7,412 SF 1976 -
3313 Fiechtner Dr S, Fargo, ND 58103 Office 12,066 SF 1976 -
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  • Listing ID: 32323398

  • Date on Market: 02/07/2024

  • Last Updated:

  • Address: Portfolio of 3 Commercial Buildings, Fargo, ND

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