Open-Air Retail Center with Shadow
For Sale
Contact for pricing
3861 32nd Ave S, Grand Forks, ND 58201
Grand Forks Marketplace is a five-building open-air center anchored by Starbucks and shadow-anchored by Target and Lowes.
Property SizeContact for details
Days on Market141
Property Features for 3861 32nd Ave S
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Oak Brook
Listed By:
Adam Foret · License #IL 475160621
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 11:59AM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
Grand Forks Marketplace is an open-air shopping center offered as a 100% fee interest, comprising five buildings. The asset includes a Starbucks-anchored strip, an outparcel stand-alone Best Buy, and three multi-tenant buildings connected to shadow anchors Target and Lowes.
The center is located on the corner of Highway 81 and 32nd Ave S in Grand Forks, North Dakota. The property sits within the city’s primary retail corridor and is in proximity to destination retailers including Walmart, Sam’s Club, Scheel’s, and Kohl’s.
The configuration supports multiple tenancy types across the connected multi-tenant buildings and the anchored retail components, with retail activity centered around the Starbucks strip, the Best Buy outparcel, and the Target and Lowes shadow anchor connections.
The center is located on the corner of Highway 81 and 32nd Ave S in Grand Forks, North Dakota. The property sits within the city’s primary retail corridor and is in proximity to destination retailers including Walmart, Sam’s Club, Scheel’s, and Kohl’s.
The configuration supports multiple tenancy types across the connected multi-tenant buildings and the anchored retail components, with retail activity centered around the Starbucks strip, the Best Buy outparcel, and the Target and Lowes shadow anchor connections.
Key Highlights
- Five‑building open‑air shopping center in Grand Forks, ND: anchored by Starbucks and shadow‑anchored by Target and Lowe’s
- Located on the corner of Highway 81 and 32nd Ave S in Grand Forks, in the primary retail corridor
- Tenant mix includes a Starbucks‑anchored strip, a standalone Best Buy outparcel, and three connected multi‑tenant buildings
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
493k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 23%
Superstores 21%
Home Improvements & Furnishings 20%
Apparel 18%
Target
Superstores
101,672 visits/mo
0.2 miles
Menards
Home Improvements & Furnishings
55,457 visits/mo
0.4 miles
Sierra
Apparel
34,452 visits/mo
0.3 miles
Chick-fil-A
Dining
28,061 visits/mo
0.5 miles
Culver's
Dining
26,619 visits/mo
0.3 miles
Demographics for 58201, ND
42,598
Population
20,277
Households
2.1
Avg Household Size
34
Median Age
40%
College-Educated
96%
High-School Grad
69.0 sq mi
ZIP Area
617
Density / Sq Mi
$69,120
Median Household Income
$43,503
Median Earnings
$966
Median Rent
$274,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Columbia Mall — 2800 S Columbia Rd, Grand Forks, ND 58201
Frequently Asked Questions
What type of property is this?
Shopping center - Grand Forks Marketplace is a five-building open-air center anchored by Starbucks and shadow-anchored by Target and Lowes.
Where is this shopping center located?
The property is located at 3861 32nd Ave S Grand Forks, ND.
What are key features of this property?
This property features: Five‑building open‑air shopping center in Grand Forks, ND: anchored by Starbucks and shadow‑anchored by Target and Lowe’s; Located on the corner of Highway 81 and 32nd Ave S in Grand Forks, in the primary retail corridor; Tenant mix includes a Starbucks‑anchored strip, a standalone Best Buy outparcel, and three connected multi‑tenant buildings
