The Veterans Mall | 3155 Bluestem Dr
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The Veterans Mall 3155 Bluestem Dr
11,957 SF 100% Leased Retail Building West Fargo, ND 58078 $6,204,975 CAD ($519 CAD/SF) 6% Cap Rate
Investment Highlights
- Beautiful Class A design
- Strong tenant mix
- Prime location on West Fargo's premier retail corridor and in a high growth and affluent area of Fargo and West Fargo.
- 100% occupied, turnkey investment with upside potential as well!
- Combined traffic counts on Veterans Blvd and 32nd Ave are around 40,000 vehicles per day. Visible monument sign right on Veterans Blvd.
- Supported by consistent residential and commercial growth as well the highly anticipated Urban Plains mixed use development right across the road!
Executive Summary
Strategically positioned on Veterans Blvd, West Fargo's premier retail corridor, this fully leased shopping center presents a lucrative investment opportunity. Featuring a sophisticated Class A design, the property hosts a dynamic mix of national franchises and esteemed local tenants. Its prime location, directly across from the future Urban Plains mixed-use development, promises sustained foot traffic and increased consumer engagement, making it a jewel in West Fargo's retail landscape.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,957 SF
Building Class
B
Year Built
2016
Price
$6,204,975 CAD
Price Per SF
$519 CAD
Cap Rate
6%
NOI
$372,298 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.96 AC
Zoning
C - Light Commercial District
Amenities
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,266,252 CAD | |
| Land Assessment | $959,235 CAD | Total Assessment | $2,225,487 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$959,235 CAD
Improvements Assessment
$1,266,252 CAD
Total Assessment
$2,225,487 CAD
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The Veterans Mall | 3155 Bluestem Dr
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