Contacts
Mike Elliott
ERES
Property Details
- Property Type Industrial - Flex - Industrial
- Property Size 11,250 SF
- Lot Size 2.49 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2013
- Year Renovated 2015
- Date Updated Oct 24, 2024
- HVAC None
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Highlights
- Fully Leased NNN Investment Opportunity
- Initial Lease Term Runs Until May 2027 with 3% Annual Escalations - (1) Option Available to Renew for Three Years Upon Initial Lease Expiration
- 11,250 +/- SF Industrial Flex on 2.49 +/- AC
- Original 7,000 +/- SF Built in 2013 and Includes 2,000 +/- SF of Office Space
- 4,250 +/- SF Warehouse Added in 2015
- Steel Construction
- (3) Drive-in Doors
- 18' Clear Ceiling Height
- Gas Heating
- Zoned C-Commercial
- Parcel ID: 01-02-00900
- Priced at 9% Cap Rate
- Additional Details Available with Signed CA
- Conveniently located just off of Hwy 85, the main thoroughfare in the area, in Alexander Energy Park, approximately two miles south of downtown Alexander, ND
Attachments
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Alexander, ND
- Zip Code 58831
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Contact Listing Broker
Mike Elliott
ERES