Property History
CLICK HERE FOR COMPLETE OFFERING MEMORANDUM: https://bit.ly/WestwoodPlaza_GreatFalls
Westwood Plaza is a 69,909 Square-Foot Shopping Center 100% Occupied by National Corporate Tenants:
TJ Maxx (NYSE: TJX; S&P: A) - Top 20% performing TJ Maxx in Montana
Staples (NYSE: SPLS) - #1 ranked Staples in Montana
Dollar Tree (NYSE: DLTR) - Top 20% performing Dollar Tree in Montana
ULTA Beauty (NASDAQ: ULTA) - Net sales increased 18.3% and net income rose 26% in 2022
Stable and Secure Investment with Long-Term Historical Occupancy:
Landlord favorable NNN leases with scheduled rental increases
86% of the occupied square footage has been at the property for 6 years or more
39% of the occupied square footage has been at the property for over 15 years
Outstanding Regional Location in North Central Montana: Westwood Plaza is ranked in the top 7% of all shopping centers in Montana (Placer.ai) and is surrounded by high-performing complementary national tenants that generate significant daily customer traffic and draw from a large regional trade area
Immediate Upside Potential to Lease a Highly Desirable Vacant Lot to a Single-Tenant Pad User: An approximate 0.89 acre parcel is ideally situated between Domino’s Pizza and Sherwin Williams, along Northwest By-Pass that features outstanding exposure, identity and frontage immediately across the street from Montana ExpoPark
Excellent Accessibility, Identity and Visibility: Westwood Plaza is ideally located at the high traffic intersection of NW Bypass and 3rd Street NW (50,900 CPD)
Westwood Plaza is Strategically Located Directly Across the Street from Montana ExpoPark (Over 450,000 Annual Visitors): The 133-acre ExpoPark is home to the Montana State Fair and hosts annual events including concerts, horse races, sporting events, trade shows, rodeos, auctions, dances, and regional conventions
Great Falls is the 2nd Most Affordable and 3rd Most Populous City in the State of Montana: Cascade County’s GDP increased more than 10% in 2022 and serves as the retail, entertainment, healthcare, and educational hub for North Central Montana
Montana is the 2nd Fastest Growing State in the Mountain West and 6th Fastest Growing State in the U.S.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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