Timber Creek Cashwise was built in 2018 and consists of a 59,000 SF retail center, including a grocery store, liquor store, gas pumps and car wash on seven acres. It is located in the NW quadrant of I-29 and 52nd Ave S, in Fargo. The location is part of a Timber Creek Development’s strategic development with a goal of creating housing and commercial services to the developing southwest area Fargo.
The tenant base is a large incorporated grocery, convenience, and liquor store chain with other locations in MN, ND, WI and SD.
This property is closely aligned with Dakota REIT’s investment philosophy which has a specific focus on grocery-anchored, multi-family and industrial asset classes. The Fargo – Moorhead Metropolitan Area has been identified as one of Dakota REIT’s “Growth Markets”.
The Fargo- Moorhead Metropolitan Area has a population exceeding 250,000, and a strong, diversified economic community. It is located at the crossroads of Interstate 29 and 94 the FM Area and is the largest distribution center between Minneapolis and the west coast. The FM Area has strong foundation in service to agriculture and has expanded to have a large presence in Medical Services, Technology, and Higher Education. The enrollment at the three four-year colleges in Fargo-Moorhead exceeds 30,000 undergraduates enhancing the community with a wide range of cultural and sporting events.
For drone video of the area click here.
