12250 Nd 23, Watford City, ND 58854
$4,800,000
Property Type:
Commercial Sale
Square Footage:
15,513
Lot Size (sq. ft.):
652,964
Status:
Active
Current Price:
$4,800,000
List Date:
8/15/2023
Last Modified:
4/25/2024
Description
Incredible investment property with a long term lease. This property is located in Watford City, ND. Industrial Property is fully leased, with High Quality Tenant renting for an extended amount of time. 11,880 SQ FT Truck Maintenance Shop. 3,633 SQ FT Office and Training Facility. Lease Expires January 31, 2028. Five Year Renewal Option. Lease is absolute NNN and features zero landlord responsibilities. There is a 10% rental escalation in 2023. Tenant: High Quality Oil Field Company Currently is leasing the property.
CALL TODAY for full details!
More Information MLS# 4003722
Location
Street Number: 12250
Street Name: Nd 23
Area: Watford City Rural
Sub Area: Watford City Rural NE
State: ND
Zip Code: 58854
County: McKenzie
Contract Information
List Price: $4,800,000
Current Price: $4,800,000
List Price/SqFt: 309.42
Date Listed: 2022-08-19
Buyer Agent Broker Commission: 2
Buyer Broker Type: %
Price Type: Sale Only
Legal, Tax and Other Information
Taxes: 11751.57
Tax Year: 2021
Pending Specials: No
Zoning: Rural/ Commercial
Parcel ID: 020+20-00-15250
Legal Description: Section: 22; Twp: 150; Rng: 098; Block: 000; Lot: ; Deeded Acres: 0.000
IT# 2304 PT NW1/4 14.99 ACRES
General Property Information
Property Sub Type: Commercial
Lot SqFt: 652964
Lot Acres: 14.99
Lot Dimensions: 14.99 acres
Year Built: 2013
Finished Above Grade SqFt: 15513
Total Finished SqFt: 15513
Accessibility Features: No
Fee: No
Remarks
Public Remarks: Incredible investment property with a long term lease. This property is located in Watford City, ND. Industrial Property is fully leased, with High Quality Tenant renting for an extended amount of time. 11,880 SQ FT Truck Maintenance Shop. 3,633 SQ FT Office and Training Facility. Lease Expires January 31, 2028. Five Year Renewal Option. Lease is absolute NNN and features zero landlord responsibilities. There is a 10% rental escalation in 2023. Tenant: High Quality Oil Field Company Currently is leasing the property.
CALL TODAY for full details!
Status Change Info
Status: Active
Property Features
Business Type: Other
Cooling: Other
Heating: Other
Water Source: Public
Sewer: Public Sewer
Listing Terms: Cash; Conventional
Lot Features: Level
Documents
Listing Office: eXp Realty
Office Phone: 612-751-9303
Last Updated: April - 25 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.