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214 12th St NW 18,452 SF 100% Leased Industrial Building West Fargo, ND 58078 $2,231,152 CAD ($120.92 CAD/SF)
Executive Summary
18,452 SF Industrial property for sale. There has been numerous improvements made since Seller purchased the property. There is currently approximately 8,070 SF available for new buyer, or to be leased to new tenant, and includes 3 restrooms, but no specific office area. The remainder of the property is leased to a long term tenant with a renewed lease through June 30th, 2034. The tenant currently leases 7,982 SF with a rent increase in years 6-10, the tenant and Seller have agreed to a future expansion of 2,400 SF with an estimated completion date of March 1, 2026 and would be coterminous with the current lease term, Seller has agreed to finance $75,000.00 of TI costs at 8% interest for the first 60 month term of the lease, the $75,000 will need to be paid by the new buyer, in addition to the sale price.
Property Facts
| Price | $2,231,152 CAD | Rentable Building Area | 18,452 SF |
| Price Per SF | $120.92 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1980/2008 |
| Property Type | Industrial | Parking Ratio | 0.27/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.55 AC |
| Price | $2,231,152 CAD |
| Price Per SF | $120.92 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.55 AC |
| Rentable Building Area | 18,452 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2008 |
| Parking Ratio | 0.27/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 1 |
Utilities
- Heating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Approximately 8,070 SF available for lease with 16’-14’ sidewall height. Dedicated road easement between this building and property to the North, parking in front of lot to be shared with the Healthy Paws tenant. There is also an easement with Fargo Truss on the back (West) of the lot.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 8,070 SF | Industrial | - | 30 Days |
1st Floor
| Size |
| 8,070 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 8,070 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | 30 Days |
Approximately 8,070 SF available for lease with 16’-14’ sidewall height. Dedicated road easement between this building and property to the North, parking in front of lot to be shared with the Healthy Paws tenant. There is also an easement with Fargo Truss on the back (West) of the lot.
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 02-0804-00020-000 | Improvements Assessment | $1,012,088 CAD |
| Land Assessment | $187,666 CAD | Total Assessment | $1,199,754 CAD |
Property Taxes
Parcel Number
02-0804-00020-000
Land Assessment
$187,666 CAD
Improvements Assessment
$1,012,088 CAD
Total Assessment
$1,199,754 CAD
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214 12th St NW
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