Veterans Commons
Retail | 21,026 SF
Marketing description
Veterans Commons is a 100% occupied new class A retail center located on the strongest retail corridor in West Fargo. This Shopping Center is anchored by Costco and Sanford Hospital's new 380-bed one million square foot regional hospital. The property is part of The Preserve development in West Fargo, which includes a mix of retail, housing & office space including corporate offices for large & fast-growing companies.
Investment highlights
Located on the first right hand turn off of Interstate 94.
Shopping Center is located next to Costco. Costco reported $1.2M credit card swipes in 2021. In August 2022, Costco had 189,000 visits to their store, averaging approximately 6,100 visitors per day.
Traffic counts exceeding 43,865 vehicles per day.
Chase ATM lease on the property, bringing in more rent and traffic into the shopping center.
Landlord placed a high importance on strong financials and tenant mix. Every tenant in the center were screened by Landlord and are financially strong, credit worthy tenants.
Diverse tenant mix of franchised businesses and unique locally owned shops. No tenant makes up more than 20% of total GLA.
Pad site is the only developable land left available in West Fargo between Interstate 94 and 32nd Ave.
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