4427 13th Ave S - Storefront FOR SALE


Fargo, ND 58103- Village West
$9,166,000 USD
918-794-9516
4427 13th Ave S, Fargo, ND for Sale
$9,166,000 USD
Storefront - FOR SALE
1/1
null | 7% Cap Rate

4427 13th Ave S
Fargo, ND 58103
Village West


HIGHLIGHTS

  • Strong Retail Corridor
  • Nationally Recognized Tenants
  • Superior Demographics
  • Below Market Rents — Rent Increases
  • Historical Tenancy
  • Potential Outparcel

OVERVIEW

Northmarq, on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest in this multi-tenant retail plaza, a 90,525 SF multi-tenant retail property in Fargo, North Dakota (“the Property”). Situated on a 8.4-acre parcel, the Property is fully leased to Hobby Lobby, Dollar Tree, and Kirkland’s. All tenants operate under NN leases, with landlord responsibilities limited to the roof and structural components, offering a stable and passive investment opportunity. Hobby Lobby manages the center, so very little landlord responsibilities. The Property benefits from excellent visibility and accessibility along one of Fargo’s primary retail corridors. The site is positioned in a dense retail hub surrounded by national retailers including Walmart, Kohl’s, Target, Lowe’s, and Burlington, creating significant cross-shopping opportunities. The Property also sits just minutes from West Acres Mall, the largest regional shopping destination in eastern North Dakota and western Minnesota, drawing strong daily foot traffic. In Association With: Andrew W. Kocemba North Dakota Broker ND License #8528

FOR SALE DETAILS

PRICE

$9,166,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hobby Lobby | Kirkland's | Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

427

LAND DETAILS

LAND ACRES

8.4 AC

LAND SF

365,904 SF

ZONING

GC

APN/PARCEL ID

01-0277-00010-000

ASK ABOUT THIS PROPERTY

Chad ByerlyNorthmarqMore Info
918-794-9516

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Chad ByerlyNorthmarqMore Info
918-794-9516

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.