2675 32nd Ave S
Grand Forks, ND 58201
Retail Property For Sale

This Red Lobster property is located at 2675 32nd Ave South in Grand Forks, North Dakota. Grand Forks is the third-largest city in the State of North Dakota and the county seat of Grand Forks County. The property is situated on 32nd Avenue South, with average daily traffic counts of over 20,893 vehicles. Adjacent to 32nd Avenue South is South Columbia Road, which brings in an additional 25,428 vehicles to the immediate area. There are approximately 51,276 people within a three-mile radius of this property and more than 64,000 within a five-mile radius. The median household income for your area has changed by 20 percent since 2000 and is estimated to grow another 20 percent over the next five years. The subject property is well-positioned in a strong retail corridor benefitting from its proximity to the Columbia Mall. The Columbia Mall is anchored by Macy’s, JCPenney, Sears and Scheel’s. It is the largest mall within 70 miles. The mall contains over 70 stores, services and restaurants including American Eagle, Gap, Finish Line, Rue 21, Victoria Secret, Kay Jewelers, Journey’s, Bath & Body Works, Payless and GNC, which is a strong driver of traffic to this Red Lobster site. Target, Ashley’s Furniture, Kohl’s, TJ Maxx, Walmart, Petco and Lowe’s are among the nationally recognized retailers in the immediate area. Additional restaurants in the immediate area include: Olive Garden, Texas Roadhouse, Applebee’s, Buffalo Wild Wings, Pizza Hut, Burger King, Panera Bread IHop and Ruby Tuesday amongst others. The economy of Grand Forks is not dominated by any one industry or sector. While agriculture continues to play a role in the area's economy, the city of Grand Forks now has a relatively diverse economy that includes public and private employers in sectors such as: education, defense, health care, manufacturing, and food processing. The state and federal governments are two of the largest employers in the Grand Forks area. The University of North Dakota, located in the heart of the city, is the largest employer in the metropolitan area.