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Shopping Strip

Walmart Shadow Center

301 & 401 40th Avenue SW, Minot, ND 58701

Listing Price: $4,280,000

Cap Rate
7.50%
Gross SF
36,800
Rentable SF
36,800
Price/Gross SF
$116.30
Lot Size
10.43 acres
Year Built
2007

Investment Overview

WALMART SHADOW CENTER
• The subject property is a 100% occupied, 36,800 square foot shadow anchored retail center located in Minot, ND
• The shopping center has been anchored by a Walmart Supercenter for the last 19 years | Walmart owns the Walmart Real Estate
• #1 Walmart in North Dakota, driving consistent foot traffic and tenant success
• Primary Retail Corridor | Surrounding Retailers include Home Depot, Menard’s, Culver’s, Verizon, and others.

HIGH PREFORMING WALMART SHADOW CENTER
• The Walmart ranks as the #1 Walmart in North Dakota
• The Walmart ranks in the top 9% nationally
• The Walmart serves Minot and surrounding cities.

SEASONED TENANT LINE & NATIONAL TENANT LINEUP
• 48% of the center is leased to strong regional and national brands
• Dollar Tree and GameStop are seasoned, high-performing tenants in this center
• Average Tenant Occupancy: 15 Years
• The dominant presence of Walmart continues to drive consistent foot traffic and tenant success.

MINOT, ND
• Minot is the county seat of Ward County, North Dakota, and is home to Minot Air Force Base
• Prominent industries in Minot includes energy, agriculture, manufacturing, and logistics
• As the fourth most populous city in the state, Minot offers a robust consumer base for retailers
• The Minot Air Force Base, employing over 10,000 personnel and contractors, provides a stable economic foundation for the area

Investment Highlights

  • Walmart Shadow Center
  • High Performing Walmart Shadow Center
  • Seasoned Tenant Line & National Tenant Lineup
  • Minot, ND

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) ND: 10032

    North Dakota

Financing By

Shopping Strip

Walmart Shadow Center

Listing Price: $4,280,000

Cap Rate
7.50%
Gross SF
36,800
Rentable SF
36,800
Price/Gross SF
$116.30
Lot Size
10.43 acres
Year Built
2007

Investment Highlights

  • Walmart Shadow Center
  • High Performing Walmart Shadow Center
  • Seasoned Tenant Line & National Tenant Lineup
  • Minot, ND

Investment Overview

WALMART SHADOW CENTER • The subject property is a 100% occupied, 36,800 square foot shadow anchored retail center located in Minot, ND • The shopping center has been anchored by a Walmart Supercenter for the last 19 years | Walmart owns the Walmart Real Estate • #1 Walmart in North Dakota, driving consistent foot traffic and tenant success • Primary Retail Corridor | Surrounding Retailers include Home Depot, Menard’s, Culver’s, Verizon, and others. HIGH PREFORMING WALMART SHADOW CENTER • The Walmart ranks as the #1 Walmart in North Dakota • The Walmart ranks in the top 9% nationally • The Walmart serves Minot and surrounding cities. SEASONED TENANT LINE & NATIONAL TENANT LINEUP • 48% of the center is leased to strong regional and national brands • Dollar Tree and GameStop are seasoned, high-performing tenants in this center • Average Tenant Occupancy: 15 Years • The dominant presence of Walmart continues to drive consistent foot traffic and tenant success. MINOT, ND • Minot is the county seat of Ward County, North Dakota, and is home to Minot Air Force Base • Prominent industries in Minot includes energy, agriculture, manufacturing, and logistics • As the fourth most populous city in the state, Minot offers a robust consumer base for retailers • The Minot Air Force Base, employing over 10,000 personnel and contractors, provides a stable economic foundation for the area

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): ND: 10032

    North Dakota

Financing By

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