RETAIL SPACE AVAILABLE IN DOWNTOWN FARGO

Transcription

1 RETAIL SPACE AVAILABLE IN DOWNTOWN FARGO 625 2ND AVE N FARGO, ND Cam Knutson Commercial Agent cam@kilbournegroup.com 210 Broadway, Suite 300 Fargo, ND KILBOURNE COMMERCIAL REAL ESTATE

2 PROPERTY DETAILS DESCRIPTION Roberts Commons is the first of its kind in Fargo, as the first mixed-use parking structure to be built in the city. RoCo offers nearly 13,500 square feet of retail space in the heart of downtown, with a variety of spaces ranging from 558 to 5,684 square feet. These active retail spaces are located just half a block from Broadway and will surround a 455-stall parking garage on three sides and house 72 residential apartment units on floors two-five. FOR LEASE 619 2nd Avenue N 1,134 rentable SF $25/SF $25 TI allowance per usable SF 207 Roberts Street 1,445 rentable SF $21/SF SPECIFICATIONS 11,900 total rentable SF Tenant pays for heat, electricity, sewer, water, gas, phone, Internet, & janitorial CAM charges estimated at $2.50 Renaissance Zone benefits NNN lease $25 TI allowance per usable SF

3 SITE PLAN GARAGE ENTRANCE 455-STALL PARKING GARAGE TRASH ROOM 214 ALLEY PINK + THREAD SHARED RESTROOMS (ALLEY ACCESS) 207 ST 1,445 SF AVAILABLE 208 ALLEY ECCE GALLERY STREET 635 2ND AVE N 46 NORTH PINTS & PROVISIONS FREE BIKE PARKING 206 ALLEY SCOOP N DOUGH CANDY CO ALLEY 623 2ND AVE N YOUNGBLOOD COFFEE CO 621 2ND AVE N POWER PLATE MEALS 619 2ND AVE N 1,134 SF AVAILABLE 615 2ND AVE N PURE BARRE FITNESS 4 2ND AVENUE NORTH

4 PROPERTY DETAILS 24,411 employees work within a 1-mile radius of downtown 16,228 residents live within a 1-mile radius of downtown RoCo is located in the center of a thriving restaurant and retail ecosystem in downtown Fargo. With a Walk Score of 95, which is considered to be a Walker s Paradise, daily errands from this location do not require a vehicle. The downtown district has 981 businesses, 75 retailers, 8 art galleries, 22 bars, 41 restaurants, and is growing rapidly. RoCo is active both day and night. The upper floors feature 72 new apartments to the downtown market. The ground floor storefronts are easily accessible. Pedestrians are drawn to this location with its wide sidewalks and inviting large windows. Drivers and cyclists benefit from the parking garage and on-street parking. 2nd Avenue has undergone major road improvements from Broadway to Roberts Street. The newly designed street features large pedestrian bumpouts at its intersections, naturally slowing vehicles for a human-friendly environment. The re-activation of the street makes this block safe, comfortable, interesting, and useful for pedestrians, four key factors of walkable neighborhoods and an ideal location for retail districts.

5 APARTMENTS, RESTAURANTS, RETAIL & PARKING GARAGE

6 PROJECT HISTORY HISTORY The Columbia Hotel was located on the northeast corner of Roberts Street and 2nd Avenue North. It was a four-story brick structure with its entrance facing Roberts Street. It opened on October 1, 1888 and featured 100 electric lighted, steam heated, and superbly furnished rooms. Five years after opening, it was lost in the great fire of The ruins of the building stood at the site for a decade, as did much of the entire block, until the location became the site of Fargo s first Public Library. Aided by a $20,000 grant from Andrew Carnegie, the new library opened January 26, A number of other buildings were constructed on 2nd Avenue between the library and the alley, most notably the Salvation Army. All were razed at different points to make way for surface parking, including the library in The property was most recently a combination of both privately and publicly owned surface parking lots. Samuel G. Roberts Columbia Hotel Carnegie Library Ruins of the Columbia Hotel Salvation Army