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Single-Tenant Retail Storefront
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1634 Commerce St, Wahpeton, ND 58075

Freestanding retail space occupies an outlot to a Walmart Supercenter and is leased under a double-net structure.

Property Size5,005 SF
Lot Size1.11 Acres
Days on Market142

Property Features for 1634 Commerce St

General Information

Standard status Active
Size 5,005 SF
Lot size 1.11 Acres
Property subtype Retail

Additional Details

Anchor Co-Tenants Walmart Supercenter, Dairy Queen, NAPA Auto Parts, Baymont Inn & Suites

Building Details

Year Built 2010
Buildings 1
Tenancy Single
Listing Agency: Mid-America Real Estate
Listed By: George Ghattas · License #IL 475135588
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 1:47PM

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 Mid-America Real Estate

Investment Insights

Based on property information with market context.

This single-tenant retail storefront contains 5,005 square feet in a building completed in 2010. Maurices has occupied the property since construction, with a corporate guarantee supporting the tenancy. The lease was extended for three years through January 2019 and includes three remaining five-year renewal options, each with scheduled rent increases. Under the NN structure, the tenant covers CAM, insurance, real estate taxes, and utilities, while the landlord retains responsibility for the roof and structural repairs.

The 1.11-acre property is positioned as an outlot to a Walmart Supercenter and is surrounded by national retailers and hospitality uses, including Dairy Queen, NAPA Auto Parts, and Baymont Inn & Suites. It is approximately two miles south of North Dakota State College of Science and about 10 minutes east of the North Dakota–Minnesota border in Wahpeton, along the Bois de Sioux River.

Key Highlights

  • 5,005‑square‑foot single‑tenant retail building completed in 2010
  • Maurices tenant in place since 2010 with a corporate guarantee
  • Double‑net (NN) lease structure with tenant‑paid CAM, insurance, taxes, and utilities

Property Analytics

Current Use

North Country Mattress ... Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby
57k
Monthly Visits Nearby
Balanced
Demand for This Use

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?
Storefront property - Freestanding retail space occupies an outlot to a Walmart Supercenter and is leased under a double-net structure.
Where is this storefront property located?
The property is located at 1634 Commerce St Wahpeton, ND.
What are key features of this property?
This property features: 5,005‑square‑foot single‑tenant retail building completed in 2010; Maurices tenant in place since 2010 with a corporate guarantee; Double‑net (NN) lease structure with tenant‑paid CAM, insurance, taxes, and utilities
(630) 954-7398 Call to check price and availability
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