Contacts
Lunnen Real Estate Services
Property Details
- Property Type Industrial - Manufacturing
- Property Size 9,907 SF
- Units 1
- Lot Size 1.89 Acre
- Property Tenancy Single Tenant
- Year Built 1993
- Year Renovated 2011
- Date Updated Jun 29, 2026
- HVAC None
Reach out to the broker for more info on lease terms and amenities
Highlights
- ±9,907 SF industrial service / repair facility situated on ±1.895 acres
- 100% leased to United Rentals Realty, LLC
- Approximately 15 years of operating history at this location, with the original lease commencing in September 2011
- Current rent is $9,265/month through September 30, 2026
- Functional service / warehouse facility with office component, gravel yard / parking area, and drive-in access
- Net-leased structure provides stable cash flow with limited landlord responsibilities
- One remaining five-year renewal option
- Opportunity to acquire a nationally recognized tenant in a smaller-market industrial investment
- Priced at an 8.00% cap rate on October 2026 rent, with yield growing to 8.80% in the option period
- Rent increases 10% to $10,191.50/month beginning October 1, 2026
- Single-tenant United Rentals investment opportunity located at 1609 33rd Street SW in Minot, North Dakota
- Tenant recently exercised its five-year extension option, extending the lease term through September 30, 2031
Attachments
Getting around
-
15/100
Walk Score ®
-
14/100
Bike Score ®
Location
- City Minot, ND
- Zip Code 58701
Points of Interest
-
Minot
2.36 miles
-
Arco
1.53 miles
-
Loaf 'N Jug
1.85 miles
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Sinclair
2.52 miles
-
Holiday
2.66 miles
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Fastlane Carwash
2.46 miles
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Blue Beacon
3.63 miles
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Subway
0.41 miles
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LongHorn Steakhouse
1.41 miles
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Applebee's
1.54 miles
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Sakura Japanese Steakhouse
1.61 miles
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McDonald's
1.67 miles
-
Olive Garden
1.71 miles
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Five Guys
1.81 miles
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Badlands Restaurant & Bar
1.81 miles
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Uncle Maddio’s Pizza
1.82 miles
-
ND Asia
1.83 miles
Lunnen Real Estate Services