Sale Leaseback Opportunity 10% Cap Rate

1304 15th Ave N, Moorhead, MN 56560

  • For Sale $900,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 17,112 SF
  • Units 4
  • Lot Size 2.01 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1970
  • Date Updated Sep 15, 2024
  • Grade Level Doors 1
  • Office Area 2,112 SF
  • HVAC None
Located in the vibrant Fargo-Moorhead market, the area surrounding the property at 1304 15th Ave N offers a mix of urban amenities and natural beauty. Just a stone's throw away from downtown Fargo, this location provides convenient access to a variety of dining, shopping, and entertainment options. The nearby Red River offers stunning waterfront views and recreational opportunities for tenants and visitors to enjoy. Additionally, the property is in close proximity to businesses, educational institutions, and cultural attractions, making it an ideal location for an Office / Office Building. Invest in a prime location that effortlessly blends city living with small-town charm.Large warehouse situated on on 87,616, square feet NNN Lease Rate: Year 1: $7500 Per Month Year 2: $7650 Year 3: $7803 Year 4: $7959 Year 5 $8118

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Highlights

  • Sale Price: $900,000
  • Leaseback Term: 5 Years (NNN)
  • Lease Rate Year 1: $7500/Month (NNN)
  • Annual Rent Escalation: 2.00%
  • Building Size: 17,112
  • 2024 Taxes - $8386
  • Lot Size: 87616
  • Parcel #: 58.900.1934
  • Office Space: 2112 SF
  • Warehouse Space: 15,000 SF
  • 6 Offices
  • 2 Baths
  • 1 Conference Room

Contacts

broker

Brian Tulibaski

Horizon Real Estate Group

Location

Getting Around

  • Walk Score ®

    19/100 Car-Dependent

  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Moorhead, MN
  • Neighborhood Moorhead
  • Zip Code 56560

Points of Interest

  • M&H

    1.51 miles

  • Casey's General Store

    1.58 miles

  • Marathon

    1.96 miles

  • Cenex

    3.00 miles

  • Holiday

    3.50 miles

  • Impound Lot

    0.68 miles

  • Moorhead Center Mall Parking Ramp

    1.49 miles

  • Parking Lot G5

    1.74 miles

  • Parking Lot G4

    1.76 miles

  • Parking Lot F1

    1.77 miles

  • Parking Lot R4

    1.77 miles

  • Parking Lot G6

    1.80 miles

  • Parking Lot M5

    1.81 miles

  • Parking Lot G8

    1.82 miles

  • Parking Lot G7

    1.83 miles

  • Brother's Table

    0.28 miles

  • Sol Ave Kitchen

    1.22 miles

  • Burger Time

    1.24 miles

  • Burger King

    1.33 miles

  • Buffalo Wild Wings

    1.36 miles

  • Taco John's

    1.40 miles

  • Moorhead Billiards

    1.44 miles

  • Dairy Queen

    1.46 miles

  • Papa John's

    1.47 miles

  • Subway

    1.47 miles

  • Moorhead Center Mall

    1.44 miles

  • Hornbachers

    1.47 miles

  • ALDI

    1.70 miles

  • EasTen Shopping Center

    1.78 miles

  • Cash Wise Foods

    1.79 miles

  • Walmart

    1.86 miles

  • Target

    1.92 miles

  • Hornbacher's

    4.17 miles

  • Joint Law Enforcement Center

    0.67 miles

  • Remley Fire Station Annex

    1.22 miles

  • Fire Station 1

    1.23 miles

  • Walgreens

    1.42 miles

  • Moorhead Drug

    1.43 miles

  • Essentia Health 7 Day Clinic

    1.46 miles

  • Sanford Behavioral Health Clinic

    2.33 miles

  • Dilworth Police Department

    3.01 miles

  • Fire Station 2

    3.01 miles

  • Sanford Health

    3.58 miles

Frequently Asked Questions

How much does Sale Leaseback Opportunity 10% Cap Rate cost?

The space currently listed for sale at Sale Leaseback Opportunity 10% Cap Rate asks for $900,000.

What is the total square footage of Sale Leaseback Opportunity 10% Cap Rate?

Sale Leaseback Opportunity 10% Cap Rate totals 17,112 square feet.

When was this property built?

Sale Leaseback Opportunity 10% Cap Rate was built in 1970.

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Contact Listing Broker

broker

Brian Tulibaski

Horizon Real Estate Group