SOLD – Westgate Commons

THE OPPORTUNITY

• Premier shopping destination in the market​
• Strong National Credit Tenants: TJ Maxx, HomeGoods, Five Below, Maurice’s​
• Recent Leasing Momentum: ​
• Five Below recently signed lease at Westgate Commons​
• Leasing Upside: 7,949sf vacancy provides NOI upside for an investor​
• National Tenants: 88% of GLA occupied by national tenants​
• Minimal short-term rollover: ​
• 10-year lease signed by Five Below in 2022​
• All tenants have term until at least 2024​​​​

THE HIGHLIGHTS

• West Fargo is one of the fastest growing communities in North Dakota​
• Westgate Commons is shadowed by Mertens, Lowes, and Sam’s Club​
• The center is located in the heart of the W Fargo retail hub​
• The cost of business in W Fargo is 15% less than the national average​
• Strong daily traffic with over 27,365 cars​
• 13th Ave S: 21,929​
• 52nd St S: 5,436​
• Westgate Commons share connectivity with approximately 940,000sf of neighboring retail space