Description
10-Year NNN Lease: Secured investment with a prosperous tenant. Cap Rate: 8% Established Business: , Tenant owns Boss' Pizza and Chicken Franchise. Diverse Income Streams: Includes 8 fully-occupied multifamily units. Capital Improvements: $800,000.00 invested in the past 4 years, including: Replacement of the main water line. New restroom facilities. Complete interior renovation down to the studs, with all new electrical, plumbing, and HVAC systems. New fire suppression system. Roof enhancements with new HVAC and kitchen exhaust systems on engineered I-beams.Professional commercial kitchen installed in 2021. Permits and Inspections: All work was properly permitted, engineered, and passed inspections by the City of Fargo.Location: Situated between two of the busiest sidewalks in North Dakota. Across the street from the $100 million RDO building.This meticulously upgraded property offers a prime investment opportunity with a strong tenant, multiple income streams, and a strategic location. Don't miss your chance to own this exceptional commercial property in Fargo, ND!
Details
| MLS # | 25-95 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 432 |
| Listing Provided By | Brokers Commercial Property, LLC | Andy Streiff |
Features
| Acreage | 0.10 |
|---|
Area Information
| State | ND |
|---|---|
| County | Cass |
| City | Fargo |
| Zip Code | 58102 |
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Learn More About This Property
| State | ND |
|---|---|
| County | Cass |
| City | Fargo |
| Zip Code | 58102 |
