300 Broadway North
New 5 year Lease - Erbert & Gerberts
Marketing description
Investment opportunity in the heart of Downtown Fargo, anchored by Erbert & Gerberts sandwich franchise under new ownership. The tenant has executed a new 5-year lease running through June 2031, featuring scheduled annual rent increases. With a Year 1 Net Operating Income of $31,970, delivering consistent, predictable cash flow in one of the most vibrant and recognizable buildings in Downtown Fargo. Downtown Fargo’s continued revitalization, make this an ideal asset for investors seeking a low-management, long-term hold with a creditworthy operator committed to the market.
Investment highlights
Investment opportunity in the heart of Downtown Fargo, anchored by Erbert & Gerberts sandwich franchise under new ownership. The tenant has executed a new 5-year lease running through June 2031, featuring scheduled annual rent increases. With a Year 1 Net Operating Income of $31,970, delivering consistent, predictable cash flow in one of the most vibrant and recognizable buildings in Downtown Fargo. Downtown Fargo’s continued revitalization, make this an ideal asset for investors seeking a low-management, long-term hold with a creditworthy operator committed to the market.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
