Property profile

3300 Us-10 Moorhead, MN 56560

OFF-MARKET
Lifestyle centers
135,000 SF Built 1990
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Property summary

AI-generated overview

This exceptional 135,000 square foot Easten Shopping Center, located at 3300 US-10, Moorhead, MN 56560 (cross streets: 34th Street and Hwy 10), offers a prime opportunity for medical office tenants. This Class B property, built in 1990 and renovated in 2016, features a single story building with 14-foot ceilings and abundant on-site parking. The center boasts a multiple tenancy structure with suites ranging from 1,313 square feet minimum to a maximum contiguous space of 35,000 square feet. Currently, 22,874 square feet are vacant, offering flexibility for various needs. The property is zoned Regional Commercial and situated in Clay County, benefiting from high visibility and significant daily traffic of 30,000 vehicles. Major anchors include Cash Wise Foods and Runnings Fleet and Farm, with shadow anchors like Target, Walmart, and Aldi across the street. Further enhancing its appeal, Chipotle (opening 2024), Arby's (remodel 2024), and Starbucks (2023) are also located within the center. The property offers potential for drive-thru access and building additions, allowing for expansion up to 100,000 square feet. Low operating expenses of $4.45 per square foot (total CAM/TAX/INS) make this a highly attractive investment.

Property profile

Verified
Property type Lifestyle centers
Year built 1990
Total area 135,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3300 Us-10 Moorhead, MN 56560
Moorhead metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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