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801 University Drive North
Fargo, ND 58102
Asking Price
$895K
Asset Type
Storefront Retail
Class
Class B
What's Special
<p>Well-maintained strip center for sale along University Drive in Fargo. Currently fully occupied as a laundromat, with the flexibility to continue as-is or be subdivided into smaller retail bays. The property offers excellent visibility, a large parking lot, drive-through access, numerous upgrades, and strong traffic counts. Ideal for an investor or owner-operator, with all FF&E included in the sale price.</p>
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NOI
$80,000
Cap Rate
8.94%
DSCR
1.51
Strong
Cash-on-Cash
10.01%
Monthly Payment
$4,427.972
Annual Cash Flow
$26,864.34
