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1605 1st St S
Willmar, MN 56201
Uptown Willmar - Main Mall · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Value-add mall offering significant upside leasing some or all of the 43% vacancy
  • Major national tenants at the center include Kohl’s, ALDI (not a part), Harbor Freight Tools, and Dunham’s
  • Possible $2M grant available for capital improvements (speak with Agent)
  • The only major shopping center within a 50-mile radius, located in primary retail node sandwiched between Walmart Supercenter & Target
  • The mall features significant frontage on 1st Street S – the main retail thoroughfare in the trade area (18,304 VPD)
  • Replaceable rents – $10.80/SF, extremely low price per square foot – $19.35, & large lot size (32.23 acres) with room for potential future development

PROPERTY FACTS

Property Type
Retail
Building Size
334,073 SF
Building Class
C
Year Built
1981
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
32.23 AC
  • Listing ID: 32410645

  • Date on Market: 7/10/2024

  • Last Updated:

  • Address: 1605 1st St S, Willmar, MN 56201

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