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3523 45th St S 15,020 SF 100% Leased Office Building Fargo, ND 58104 $5,275,193 CAD ($351.21 CAD/SF) 7.01% Cap Rate



INVESTMENT HIGHLIGHTS
- Features multiple individual offices, a shared kitchen/breakroom area, plus a large and small conference room ideal for meetings or trainings.
- Building is fully leased with original tenant and has a new five year lease in place.
EXECUTIVE SUMMARY
Discover an excellent opportunity with this spacious one-level office building offering 15,020 square feet of versatile space. The property features multiple individual offices, a shared kitchen/breakroom area, a large and small conference room ideal for meetings or trainings. *Building is fully leased with original tenant and has a new 5 year lease in place with 1-2 5 year extensions*
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
15,020 SF
Building Class
B
Year Built
2015
Price
$5,275,193 CAD
Price Per SF
$351.21 CAD
Cap Rate
7.01%
NOI
$369,949 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,020 SF
Building FAR
0.24
Lot Size
1.45 AC
Zoning
LC - Limited Commercial
Parking
53 Spaces (3.53 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 01-8462-00101-000 | Improvements Assessment | $1,645,244 CAD |
| Land Assessment | $478,193 CAD | Total Assessment | $2,123,436 CAD |
PROPERTY TAXES
Parcel Number
01-8462-00101-000
Land Assessment
$478,193 CAD
Improvements Assessment
$1,645,244 CAD
Total Assessment
$2,123,436 CAD
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3523 45th St S
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