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Uptown Willmar - Main Mall 1605 1st St S

342,983 SF 100% Leased Retail Building Willmar, MN 56201 £5,177,472 (£15/SF) 10% Net Initial Yield

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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 – $19.29, & large lot size (32.23 acres) with room for potential future development

Executive Summary

A 360,500+ SF regional mall that serves as the premier retail shopping destination in Willmar and surrounding cities. Sitting on 32.23 acres of land, Uptown Willmar is the only major shopping center in a 50-mile radius of Willmar making it a destination shopping location for locals and residents from surrounding cities. Per Placer.ai, 90% of visitors have frequented Uptown Willmar at least 5 times in the last 12 months.

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