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Open-Format Retail Suite
For Lease
$1,875/Mo NNN

113-401 40th Ave Sw, Minot, ND 58703

Street-facing suite with private office, ADA restroom, shared parking, and NNN lease structure.

Space SizeContact for details
Days on Market16

Property Features for 113-401 40th Ave Sw

General Information

Standard status Active
Listing Agency: eXp Realty
Listed By: Lucas D Natwick · License #10666
Source: Exprealty
Added: Aug 5 Changed: Aug 18 Last Checked: Aug 19 at 12:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

The 1,250 SF retail suite at 113-401 40th Ave SW features an open-format interior with a private office area, ADA-compliant restroom, suspended drop ceiling, and a combination of concrete and carpet tile flooring. The space was most recently occupied by Ameri-Cash and is available August 1, 2026.

Located within Minot’s Walmart Shadow Center, the suite benefits from its position along 40th Ave SW and shared access to the shopping center’s parking. The center includes North Dakota’s #1-performing Walmart Supercenter along with Modern Nails & Spa and Sally Beauty. The lease is structured as NNN, with the tenant responsible for a proportionate share of taxes, insurance, and CAM.

Key Highlights

  • 1,250 SF retail suite at 113‑401 40th Ave SW, Minot, ND
  • Positioned in Minot’s Walmart Shadow Center with a Walmart Supercenter anchor
  • Open‑format interior with private office area and ADA‑compliant restroom

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Real Estate Agency Parking Lot & Garage Carpet & Flooring Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby

Demographics for 58703, ND

23,341
Population
10,643
Households
2.2
Avg Household Size
31
Median Age
34%
College-Educated
95%
High-School Grad
156.2 sq mi
ZIP Area
149
Density / Sq Mi
$82,926
Median Household Income
$48,355
Median Earnings
$1,030
Median Rent
$254,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Street-facing suite with private office, ADA restroom, shared parking, and NNN lease structure.
Where is this retail space located?
The property is located at 113-401 40th Ave Sw Minot, ND.
What is the lease rate?
The lease rate is $1,875/Mo.
What are key features of this property?
This property features: 1,250 SF retail suite at 113‑401 40th Ave SW, Minot, ND; Positioned in Minot’s Walmart Shadow Center with a Walmart Supercenter anchor; Open‑format interior with private office area and ADA‑compliant restroom
More about this property
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