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2302 East Divide Avenue
Bismarck, ND 58501
Asking Price
$1.18M
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office Building | 4,248 SF <p><strong>PROPERTY HIGHLIGHTS:</strong></p><ul><li>4,248 SF + 1,800 SF Garage</li><li>42,982 SF (1 Acre)</li><li>Private Offices</li><li>Conference Room</li><li>Kitchen / Breakroom</li><li>Large Windows</li><li>8' Ceiling Height</li><li>Trench Floor Drain</li><li>Freight Access</li><li>38 Parking Spaces</li><li>Delivery Parking</li><li>Pylon Signage</li><li>High Traffic Area with 14,520 Vehicles Per Day on E Divide Ave</li></ul>
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NOI
$80,000
Cap Rate
6.81%
DSCR
1.15
Tight
Cash-on-Cash
2.91%
Monthly Payment
$5,813.259
Annual Cash Flow
$10,240.893
