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1605 1st St S
Willmar, MN 56201

Price Upon Request

General Retail For Sale  •  334,073 SF

Property Details

  • Property Type General Retail
  • Total Building Size 334,073 SF
  • Lot Size 32.23 AC
  • Building Class C
  • Year Built 1981
  • Tenancy Multiple
0 Transit Score
57 Walk Score

Highlights

Value-add mall offering significant upside leasing some or all of the 43% vacancy
The only major shopping center within a 50-mile radius, located in primary retail node sandwiched between Walmart Supercenter & Target
Major national tenants at the center include Kohl’s, ALDI (not a part), Harbor Freight Tools, and Dunham’s
The mall features significant frontage on 1st Street S – the main retail thoroughfare in the trade area (18,304 VPD)
Possible $2M grant available for capital improvements (speak with Agent)
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