Located in the heart of Downtown Fargo, 6 Broadway presents a rare opportunity to acquire a stabilized, multi-tenant investment property with long-term leases in place and strong tenant retention. This high-visibility property offers a blend of income security and future upside.
Current Tenants:
1st Floor
-Lease through July 2028, with a 5-year renewal option
-Occupies 12,385 SF (including 7,800 SF basement)
-Lease includes 2% annual increases
-Potential to recapture and re-lease underutilized basement space
2nd Floor
-Recently extended lease through October 2027, with two-year renewal option
-Occupies 10,478 SF
-Lease includes 3% annual increases
Vacancy Opportunity:
-640 SF main level space with direct access from main vestibule, ideal for boutique retail or office