INVESTMENT HIGHLIGHTS
Below Replacement Cost
With increasing construction costs and limited labor available in the Bakken area, Fox Run and Killdeer Highlands offer a substantial markdown to replacement cost.
2nd Lowest Unemployment Rate in the Nation
North Dakota has the second lowest unemployment rate in the United States at 2.4%. The national average unemployment rate is 3.7%.
Significant Population Growth
The North Dakota Bakken Formation area has seen an average annual population increase of 3.14% annually since 2010.
Noteworthy Rent Growth
The Bakken’s oil production has amplified in recent years which has caused minimal vacancy and strong rent growth.
- Property Type
Office
- Year Built
2015
- Total Acres
2.63
- Property ID
2118432
