Commerce on 52nd is a collection of buildings located on 52nd Ave in South Fargo. This is an Alpha Omega owned, and developed project from the raw land to finished product. The project is comprised of 3 buildings: 9,000, 14,400, and 10,800 square feet of retail flex buildings with 90% occupancy to date.
The buildings were designed and constructed with flexibility in mind, allowing for overhead door access, enough height for specialty showrooms, activities, or mezzanine areas. Utilizing underground storage for storm water retention and treatment allowed for maximum lot coverage to keep cost of rents down which has helped to attract tenants to stabilize the properties quickly.
One of the defining features of the project is the location and exposure to 52nd Ave’s traffic. Each of the buildings was positioned to allow for maximum exposure for tenant signage, parking capacity and circulation. The site has a semi-truck route to allow semi-trucks to drive through the property and drop product to all the buildings.
Construction began in the fall of 2013 with the first building completed and occupied March of 2014. The 2nd & 3rd buildings began construction fall of 2014, with substantial completion of the buildings early 2015. There are a variety of uses in the buildings: specialized fitness facility, playground system showroom, storage/assembly area and sales office, customized cabinetry and closets, and an antique mall. There is currently 6,400 sq ft left vacant, and 1,900 sq ft pending.