4761 13th Ave S
Fargo, ND 58103
Skechers · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 6+ Years Remaining on Corporate Lease with Skechers (NYSE: SKX)
- Successful Location: Tenant Recently Waived One-Time Early Termination Option
- 162,235 Residents within a Five-Mile Radius - Population and Households Projected to Increase 9 to 10 Percent in the Surrounding Area by 2027
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options; Near Term Scheduled Increase in 18 Months
- Outparcel to Walmart Supercenter and Sam's Club
- Sketchers Reported Record Quarterly Sales of $2.02 Billion in Q3 2023, a YOY Increase of 7.8 Percent
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,024 SF
Building Class
C
Year Built/Renovated
1992/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.83 AC
Parking
44 Spaces (4.88 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 01-2333-00300-000 | Improvements Assessment | $705,600 |
| Land Assessment | $198,500 | Total Assessment | $904,100 |
