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Two-Tenant Retail Strip Center
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1632 Bypass Rd, Wahpeton, ND 58075

2018-built, 2-suite retail center is 100% occupied by Dollar Tree and Anytime Fitness with triple-net lease structures.

Property Size15,000 SF
Lot Size1.55 Acres
Days on Market120

Property Features for 1632 Bypass Rd

General Information

Standard status Active
Size 15,000 SF
Lot size 1.55 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Year Built 2018
Tenancy Multi
Listing Agency: Marcus & Millichap - Indianapolis
Listed By: Nathan Whalen · License #IN AB21402364
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 5:39AM

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 Marcus & Millichap - Indianapolis

Investment Insights

Based on property information with market context.

The Dollar Tree Center is a 15,000-square-foot, two-tenant retail strip center built in 2018 on 1.55 acres. The property consists of two suites and is currently 100% occupied by Dollar Tree and Anytime Fitness. Leases are structured on a triple-net basis, with the tenants reimbursing their pro rata share of common area maintenance, insurance, real estate taxes, and administration expenses. The leases also include scheduled rent increases within renewal options for both tenants.

The center is positioned on State Highway 210 in Wahpeton, North Dakota, with visibility and exposure along the highway. It sits across the street from a Walmart Supercenter, Bremer Bank, and Dairy Queen Grill & Chill, and is adjacent to a First Community Credit Union and the Vision Ford Dealership.

There is zero lease rollover until April 2023, when Anytime Fitness’ lease is set to expire. Dollar Tree has an original seven-year lease not set to expire until January 2026. Anytime Fitness has also recently surpassed a membership number threshold that triggers an increased rental figure in the lease.

Key Highlights

  • 2018‑built, 15,000 SF, two‑suite retail center on 1.55 acres in Wahpeton, ND
  • 100% occupied by Dollar Tree and Anytime Fitness—two tenant suites
  • Triple‑net lease structure: tenants reimburse pro rata share of common area maintenance, insurance, real estate taxes, and administration

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Center

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 59% Shops & Services 36% Hotels & Casinos 5%
Walmart Superstores
33,943 visits/mo 0.2 miles
Wahpeton #2 Shops & Services
10,131 visits/mo 0.2 miles
Dollar Tree Shops & Services
6,021 visits/mo 0.1 miles
AmericInn Lodge & Suites-Wahpeton Hotels & Casinos
1,741 visits/mo 0.5 miles
First Community Credit Union Shops & Services
1,548 visits/mo 0.1 miles

Demographics for 58075, ND

9,028
Population
4,251
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
95%
High-School Grad
234.5 sq mi
ZIP Area
38
Density / Sq Mi
$64,161
Median Household Income
$34,352
Median Earnings
$756
Median Rent
$178,800
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?
Strip mall - 2018-built, 2-suite retail center is 100% occupied by Dollar Tree and Anytime Fitness with triple-net lease structures.
Where is this strip mall located?
The property is located at 1632 Bypass Rd Wahpeton, ND.
What are key features of this property?
This property features: 2018‑built, 15,000 SF, two‑suite retail center on 1.55 acres in Wahpeton, ND; 100% occupied by Dollar Tree and Anytime Fitness—two tenant suites; Triple‑net lease structure: tenants reimburse pro rata share of common area maintenance, insurance, real estate taxes, and administration
(317) 218-5329 Call to check price and availability
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