Retail Portfolio at Holiday Village
For Sale
Contact for pricing
1200 10th Ave S, Great Falls, MT 59405
Fee-simple opportunity featuring 93%-leased retail space anchored by national retailers Hobby Lobby and PetSmart.
Property SizeContact for details
Days on Market123
Property Features for 1200 10th Ave S
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Sterling CRE Advisors
Listed By:
Matt Mellott, CCIM, SIOR · License #MT RRE-RBS-BRO-52907
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 8:34PM
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 Sterling CRE Advisors
Investment Insights
Based on property information with market context.
Sterling CRE Advisors is pleased to co-list this fee-simple retail investment opportunity at Holiday Village Mall in Great Falls, Montana. The offering includes a 72,509-square-foot retail component that is 93% leased by Hobby Lobby and PetSmart, each with multiple five-year renewal options remaining and base-term and option-period rental increases described in the remarks. The property is located within the mall’s big box component.
Holiday Village Mall is described as the dominant and only enclosed regional mall on the Interstate 15 corridor between Helena and the Canadian border, anchored by Scheels and JCPenney. Additional big box retailers at the mall include Ross Dress for Less, Bed Bath & Beyond, Big Lots, and a new Harbor Freight Tools. Hobby Lobby and PetSmart are positioned at the mall’s primary signalized entrance and are highly visible from 10th Avenue South, identified in the remarks as a major east-west thoroughfare with 36,200 VPD. The remarks also state access from 13th Street South, 13th Avenue South, and 9th Street South, with combined traffic counts of 18,198 VPD.
In addition, the remarks describe a 99,279-square-foot Scheels net lease component anchored at the mall, with just under eight years of term remaining, six five-year options, and rental increases throughout the base term and renewal options. Scheels is also described as being located at the mall’s primary signalized entrance with the same visibility and access characteristics noted above.
Holiday Village Mall is described as the dominant and only enclosed regional mall on the Interstate 15 corridor between Helena and the Canadian border, anchored by Scheels and JCPenney. Additional big box retailers at the mall include Ross Dress for Less, Bed Bath & Beyond, Big Lots, and a new Harbor Freight Tools. Hobby Lobby and PetSmart are positioned at the mall’s primary signalized entrance and are highly visible from 10th Avenue South, identified in the remarks as a major east-west thoroughfare with 36,200 VPD. The remarks also state access from 13th Street South, 13th Avenue South, and 9th Street South, with combined traffic counts of 18,198 VPD.
In addition, the remarks describe a 99,279-square-foot Scheels net lease component anchored at the mall, with just under eight years of term remaining, six five-year options, and rental increases throughout the base term and renewal options. Scheels is also described as being located at the mall’s primary signalized entrance with the same visibility and access characteristics noted above.
Key Highlights
- Fee‑simple retail acquisition: 72,509 SF property in Great Falls, MT that is 93% leased by Hobby Lobby and PetSmart
- Hobby Lobby net lease includes two 5‑year renewal options and $0.50 PSF rental increases throughout the base term and renewals
- PetSmart has three 5‑year options with 10% rental increases throughout the base term and renewal options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59405, MT
33,578
Population
15,260
Households
2.2
Avg Household Size
35
Median Age
29%
College-Educated
94%
High-School Grad
479.4 sq mi
ZIP Area
70
Density / Sq Mi
$60,509
Median Household Income
$37,431
Median Earnings
$947
Median Rent
$236,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Prospect Plaza — 1400 4th St S, Great Falls, MT 59405
- 9th street Plaza — Great Falls, MT 59405
- Holiday Village Mall — 1200 10th Ave S, Great Falls, MT 59405
Frequently Asked Questions
What type of property is this?
Shopping center - Fee-simple opportunity featuring 93%-leased retail space anchored by national retailers Hobby Lobby and PetSmart.
Where is this shopping center located?
The property is located at 1200 10th Ave S Great Falls, MT.
What are key features of this property?
This property features: Fee‑simple retail acquisition: 72,509 SF property in Great Falls, MT that is 93% leased by Hobby Lobby and PetSmart; Hobby Lobby net lease includes two 5‑year renewal options and $0.50 PSF rental increases throughout the base term and renewals; PetSmart has three 5‑year options with 10% rental increases throughout the base term and renewal options
