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31223910
31223911

446 18th St W, Dickinson, ND 58601

IH
IL IL 471019332
Northmarq - Chicago
Listed by Northmarq - Chicago
$6,666,267
79 days on market
Updated 79 days ago

Harbor Freight & T.J. Maxx

Details
APN R007042
Property Type Retail
Sub Type Storefront
Square Footage 36,824
Cap Rate 6.35%
NOI $423,308
Tenancy Multi
Brand/Tenant Harbor Freight, TJ Maxx
Lease Type NNN
Lease Options View OM for Details
Price per SqFt $181
Year Built 1981
Year Renovated 2025
Buildings 1
Acreage 24.000

Retail | 6.35% CAP | 36,824 SqFt

Marketing description

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.

Investment highlights

  • Long-Term Leases with Tenants with a History of High Renewal Probability

  • Excellent Tenant Mix – TJX Brands and Harbor Freight are well-respected, creditworthy tenants

  • Fully Renovated Building – 2025 capital improvements include a brand-new roof and HVAC system

  • Adjacent to the No. 1 Walmart Supercenter in Dickinson, North Dakota – Driving significant traffic to the area and intersection

  • Close Proximity to Prairie Hills Mall | Regional Draw – Directly off the interstate and highly visible

Listing Contacts

IH
IL IL 471019332
Northmarq - Chicago
Listed by Northmarq - Chicago

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$423,308.00
$35,275.67/mo

Valuation Metrics

0
DSCR
6.35%
Cap Rate
6.35%
ROI

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Additional Information

Name
Andrew W. Kocemba
License
ND #8528
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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