952-924-4600
51 Broadway N, Fargo, ND for Sale
Office - FOR SALE
1/13
null | Request Cap Rate

51 Broadway N
Fargo, ND 58102
Downtown Fargo


HIGHLIGHTS

  • Irreplaceable Broadway Avenue Location
  • Diverse Professional Tenant Roster with Strong Anchor Tenant
  • Upside Potential with Leasing Momentum and Remaining Full-Floor Leasing Opportunities
  • Lender-Facilitated Sale Well Below Replacement Cost
  • Institutionally Owned Class A Office Building
  • Thriving and Vibrant Office Submarket

OVERVIEW

On behalf of the Lender and Sponsor, CBRE is pleased to present to qualified investors the opportunity to acquire Dakota Center (the “Property”), a well-located, Class A, 119,554 square foot, 6-story boutique office building located in the vibrant downtown of Fargo, North Dakota. The Property's premier location on Broadway Avenue provides high visibility and walkable access to downtown Fargo's amenity offerings. The Property has been institutionally owned and maintained since 2011, with current ownership investing $6.5 million in capital during its tenure. Dakota Center provides on-site parking plus access to multiple nearby parking ramps and is home to an enviable tenant roster of marquee companies including law firms, banking and wealth management, engineering, IT and non-profit organizations. Please contact broker team for marketing materials, which can also be accessed via the link to the confidentiality agreement and OM: www.dakota-center.com

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lender Facilitated Class A Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

A

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

DMU (Downtown Mixed Use)

APN/PARCEL ID

01-1520-00023-000

ASK ABOUT THIS PROPERTY

952-924-4600

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

952-924-4600

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