- Property type: Investment , Retail
- Offer type: For Sale
- City: Jamestown , ND
- ID: 2657
- Published: June 2, 2023
- Last Update: June 2, 2023
- Views: 237
Details
- Sale Price: $10,500,000 (8.35% CAP Rate)
- Investment Highlights
- 92% Occupied Shopping Center
- Home of Economy – 5 years of lease-term remaining
- T.J. Maxx – over 5 years of lease term remaining
- Five Below – brand new 10-year lease
- Dunham’s Sports
- 8 Tesla Superchargers
- Over 57% of the occupied SF has been operating at this site for 10 years or more
- 92% Occupied Shopping Center
- Value-Add Opportunities:
- Lease-up of 2 spaces totaling 17,572 square feet of vacant space
- Opportunity to develop 4 out-parcels
- Location Highlights
- Excellent Retail Location Directly Off of Interstate 94
- Large Freeway-Visible Pylon Sign along U.S. Route 281 (15,000 vpd)
- Nearby National Tenants Include Walmart Supercenter, Menards, Tractor Supply, Dollar Tree, and More
- 3 Miles From University of Jamestown (1,256 Students)
OM available with signed Confidentiality Agreement
