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446 18th St W
Dickinson, ND 58601
Retail Property For Sale
Investment Highlights
- Long-Term Leases with Tenants with a History of High Renewal Probability
- Fully Renovated Building – 2025 capital improvements include a brand-new roof and HVAC system
- Close Proximity to Prairie Hills Mall | Regional Draw – Directly off the interstate and highly visible
- Excellent Tenant Mix – TJX Brands and Harbor Freight are well-respected, creditworthy tenants
- Adjacent to the No. 1 Walmart Supercenter in Dickinson, North Dakota – Driving significant traffic to the area and intersection
Executive Summary
Northmarq is pleased to present for sale a rare opportunity to acquire a fully renovated, dual-tenant retail property located at 446 18th Street West, Dickinson, North Dakota (“the Property”). The Property consists of approximately 36,824 square feet of retail space on a 2.04 acre parcel and is 100% leased to Harbor Freight Tools and T.J. Maxx—both operating under 10-year lease agreements each with having 8+ years remaining. The Property has been fully repositioned with modern upgrades to suit national retailers, offering a turn-key investment with long-term, stable income.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
36,824 SF
Building Class
C
Year Built
1981
Price
$9,135,519 CAD
Price Per SF
$248.09 CAD
Cap Rate
6.35%
NOI
$580,105 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.41
Lot Size
2.04 AC
Zoning
CC - Community Commercial
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 41111002000400 | Improvements Assessment | $3,062,318 CAD |
| Land Assessment | $558,853 CAD | Total Assessment | $3,621,171 CAD |
Property Taxes
Parcel Number
41111002000400
Land Assessment
$558,853 CAD
Improvements Assessment
$3,062,318 CAD
Total Assessment
$3,621,171 CAD
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