Grand Forks Multi-Tenant Shopping Center - 2550 S Columbia Road

Investment Overview

Positioned along one of Grand Forks’ busiest retail corridors, this multi-tenant retail center anchored by Ross Dress for Less, Harbor Freight, PetSmart, and Plato’s Closet offers strong visibility, stable tenancy, and proximity to major national retailers. Located on South Columbia Road near Columbia Mall and surrounded by popular retailers and restaurants, the property benefits from excellent daily traffic counts, strong demographics, and convenient access from multiple points. Neighboring retail center which shares the same parking lot is also available for $1,350,000, priced at an attractive 8.65% cap rate. Additional information can be found at FargoCommercialRealtor.com

Investment Highlights

• 2550 South Columbia Road:
• Building Size 11,415 SF
• Lot Size 44,868
• New Horizon Childcare 3067 SF
• Seller Leaseback: 2154 SF
• Tina's Nail Spa: 3200 SF
• Northern Roots Boutique: 2994 SF
• NOI: $165,622
• CAM: $4.50/SF
• Blended Base Rent: $14.51