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Newly Built Fully Leased Shopping Center
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3721 2nd Ave W, Williston, ND 58801

Four established retail tenants operate under passive net leases at this recently completed commercial center.

Property SizeContact for details
Days on Market141

Property Features for 3721 2nd Ave W

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Anchor Co-Tenants Starbucks, Jersey Mike's, Noodles & Co., T-Mobile

Building Details

Tenancy Multi
Listing Agency: Northmarq - Chicago
Listed By: Christian Tremblay · License #475165868
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:03PM

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 Northmarq - Chicago

Investment Insights

Based on property information with market context.

This newly constructed shopping center is fully occupied by Starbucks, Jersey Mike’s, Noodles & Co. and T-Mobile. The tenants operate under passive net lease agreements, with a weighted average lease term of nearly 10 years. Starbucks carries an S&P rating of BBB+.

The property is positioned along U.S. Route 2 in Williston, next to the Grand Williston Hotel and directly beside the area’s only Walmart Supercenter within 120 miles. Williston serves as a regional commercial hub, drawing customers from surrounding communities. The city’s international airport began operations in 2019 after a 2016 construction investment exceeding $240M; the investment amount is not included in this summary.

Key Highlights

  • 100% occupied by Starbucks, Jersey Mike’s, Noodles & Co. and T‑Mobile
  • New construction with four operating retail tenants
  • Passive net leases with a weighted average lease term of nearly 10 years

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Garden Center Law Firm HVAC Service (Bike/Boat/Book/etc) Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby
114k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 66% Dining 16% Electronics 11% Hotels & Casinos 7%
Walmart Superstores
74,590 visits/mo 0.3 miles
Starbucks Dining
12,351 visits/mo 0.1 miles
Noodles & Company Dining
5,061 visits/mo 0.1 miles
T-Mobile Electronics
4,763 visits/mo 0.1 miles
GameStop Electronics
3,668 visits/mo 0.3 miles

Demographics for 58801, ND

34,921
Population
17,095
Households
2
Avg Household Size
31
Median Age
25%
College-Educated
91%
High-School Grad
716.1 sq mi
ZIP Area
49
Density / Sq Mi
$90,119
Median Household Income
$53,496
Median Earnings
$1,116
Median Rent
$279,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Four established retail tenants operate under passive net leases at this recently completed commercial center.
Where is this shopping center located?
The property is located at 3721 2nd Ave W Williston, ND.
What are key features of this property?
This property features: 100% occupied by Starbucks, Jersey Mike’s, Noodles & Co. and T‑Mobile; New construction with four operating retail tenants; Passive net leases with a weighted average lease term of nearly 10 years
(312) 858-6725 Call to check price and availability
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