Property in Unknown, XX - office in Fargo, ND
Office

Property in Unknown, XX

51 Broadway N. Fargo, ND, Fargo, ND 58102

Price

Price on request

Price/Sq Ft

$6.00

Description

Lender Facilitated Class A Commercial Building for Sale, Downtown Fargo On behalf of the Lender and Sponsor, CBRE is pleased to present to qualified investors the opportunity to acquire Dakota Center (the “Property”), a well-located, Class A, 119,554 square foot, 6-story boutique office building located in the vibrant downtown of Fargo, North Dakota. The Property's premier location on Broadway Avenue provides high visibility and walkable access to downtown Fargo's amenity offerings. The Property has been institutionally owned and maintained since 2011, with current ownership investing $6.5 million in capital during its tenure. Dakota Center provides on-site parking plus access to multiple nearby parking ramps and is home to an enviable tenant roster of marquee companies including law firms, banking and wealth management, engineering, IT and non-profit organizations. Please contact broker team for marketing materials, which can also be accessed via the link to the confidentiality agreement and OM: www.dakota-center.com

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

51 Broadway N. Fargo, ND, Fargo, ND 58102

Marker
Leaflet © OpenStreetMap contributors

Unified Estimate

Low Confidence
$5.10/SF-$6.90/SF
Mid: $6.00/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Very Low Confidence

Modeled Rate Estimate

$5.25 – $6.75/SF/yr

Estimator modeled rate · mid $6.00

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:-0.2%
Avg Weekly Wage:$1,387

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population193,400
Median Income$76k
College Educated38.0%↑ 4.6pp
Median Age32.8 yrs
Median Home Value$298k
Unemployment3.0%↓ 0.6pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: office in Fargo, ND

More Office for Sale in Fargo, ND(4)

Documents

Contact Broker

Listed by

CBRE System Import