This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
The North Side Complex 3450 Gateway Dr
5,320 - 12,320 SF of Retail Space Available in Grand Forks, ND 58203
HIGHLIGHTS
- Heavy traffic adjacent to US Highway 2 and Simplot
- Close to UND Campus, especially Ralph Engelstad Ice Arena and the UND Medical School
- Four (4) miles from the Airport
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Back | 7,000 SF | 5 Years | $8.57 /SF/YR $0.71 /SF/MO $59,990 /YR $4,999 /MO | Modified Gross | ||
| 1st Floor, Ste Front | 5,320 SF | 5 Years | $13.53 /SF/YR $1.13 /SF/MO $71,980 /YR $5,998 /MO | Modified Gross |
1st Floor, Ste Back
$5,000 per month Fantastic commercial space for lease on Gateway Dr. (over 20,000 vehicles per day) pass by this location in a prime North Grand Forks location close to UND, Simplot and less than one mile from I-29 corridor. This 7000 sq ft space is currently set up as a Bar
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Smoke Detector
- Right on Gateway Dr
- Recently Appraised in September 2024.
- Adjacent to the University of North Dakota
- Ralph Engelstad Arena is in close proximity
- Across the street from the UND Medical School
1st Floor, Ste Front
$6,000 per month Fantastic commercial space for lease on Gateway Dr. (over 20,000 vehicles per day) pass by this location in a prime North Grand Forks location close to UND, Simplot and less than one mile from I-29 corridor. This 5320 sq ft space is currently set up as a Cafe' and comes with most of the items needed to run a restaurant including kitchen equipment (freezer, cooler, fridges, 2x large grills, broiler, stove, ovens, food warming stations, etc.). The Cafe's space offers seating for at least 125 people in the main cafe, with additional seating for approximately 75 in the banquet room, adjacent to the main seating area. This ideal location has a very large parking lot and two large lighted signs, one of them a letter sign.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Smoke Detector
- Right on Gateway Dr
- Recently Appraised in September 2024.
- Adjacent to the University of North Dakota
- Ralph Engelstad Arena is in close proximity
- Across the street from the UND Medical School
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3450 GATEWAY DR , GRAND FORKS, ND 58203
| Total Space Available | 12,320 SF | Gross Leasable Area | 23,829 SF |
| Property Type | Retail | Year Built/Renovated | 1960/2010 |
| Property Subtype | Restaurant | Parking Ratio | 8.39/1,000 SF |
| Total Space Available | 12,320 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 23,829 SF |
| Year Built/Renovated | 1960/2010 |
| Parking Ratio | 8.39/1,000 SF |
ABOUT THE PROPERTY
Fantastic commercial space for lease on Gateway Dr. (over 20,000 vehicles per day) pass by this location in a prime North Grand Forks location close to UND, Simplot and less than one mile from I-29 corridor. This 5000 sq ft space is currently set up as a Cafe' and comes with most of the items needed to run a restaurant including kitchen equipment (freezer, cooler, fridges, 2x large grills, broiler, stove, ovens, food warming stations, etc.). The Cafe's space offers seating for at least 125 people in the main cafe, with additional seating for approximately 75 in the banquet room, adjacent to the main seating area. This ideal location has a very large parking lot and two large lighted signs, one of them a letter sign. Photos: https://gallery.sarahwagnerphotography.com/northsidecafe-1/ Virtual Tour: https://vrtours.sarahwagnerphotography.com/tours/d0stPYOV2 If you are ready to own and run a new restaurant, located in a highly desirable Northside Grand Forks location, please contact us at: Reindeer Property Management 809 N. 5th Street Grand Forks, ND 58201 reindeerproperty809@gmail.com 701-746-9665
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Presented by
The North Side Complex | 3450 Gateway Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.