About This Property
Court Ordered Sale Capture the untapped potential of this expansive 24,000+ sq ft property, a prime investment opportunity that’s already cash flow positive. Anchored by a secure 4-year government lease for a portion of the property, this building ensures stable income while offering partially renovated areas ready for completion to boost future revenue. With a compelling 9.3% CAP rate*, this property is a rare find for investors seeking strong fundamentals and room for strategic growth. Don’t miss this chance to invest in a sizable asset with immediate returns and long-term value. (id:64973)
At $105 per square foot, this Grand Forks property offers substantial value compared to the local market average of $175 per square foot. Anchored by a secure government lease and a compelling 9.3% cap rate, this investment-grade asset is well-suited for experienced commercial real estate investors seeking stable cash flow and upside potential through strategic property management and future renovations.
Property Details
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