Listed by Goldmark Commercial Real Estate Inc
$3,150,000
6 Broadway
Details
APN 01-3508-00010-000
Property Type Retail, Office
Sub Type Executive Office, Commercial
Square Footage 23,503
Cap Rate 8.02%
NOI $252,586
Occupancy 90%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Class B
Year Built 1899
Stories 2
Acreage 0.180
Zoning Downtown Mixed Use
Investment Type Stabilized
Ground Lease No
Retail | 8.02% CAP | 23,503 SqFt
Marketing description
Multi-tenant investment property in the heart of Downtown Fargo: long-term leases in place & strong tenant retention. High-visibility property offers a blend of income security & future upside. 6 Broadway offers long-term value & immediate cashflow in a premium location! NOI: $252,586 CAP Rate: 8.02%
Investment highlights
- Lot Size (SF): 7,750
- Taxes: 32,392
- Exterior: Brick, Dryvit or Stucco
- Roof: Flat
- Safety Features: Fire Sprinkler
- Heat System: Multi-Zoned, Natural Gas
- Air Conditioning: Central, Electric
Listing Contacts
Listed by Goldmark Commercial Real Estate Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$252,586.00
$21,048.83/mo
Valuation Metrics
0
DSCR
8.02%
Cap Rate
8.02%
ROI
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