- For Sale $1,528,725
- 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 Jul 1, 2026
- HVAC None
Description
Located in southwest Minot, the property benefits from access to the city’s commercial, contractor, and industrial user base. Minot serves as a regional hub for north-central North Dakota, supporting agriculture, construction, energy, logistics, and service-related businesses throughout the broader trade area.United Rentals | Single-Tenant Industrial Investment
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
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Contacts
Jeff Lunnen
Lunnen Real Estate Services
Location
Contact Listing Broker
Jeff Lunnen
Lunnen Real Estate Services