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Retail Space in Willmar Shopping
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2319-2323 1st Street South, Willmar, MN 56201

Retail space available in high-visibility Willmar shopping center.

Days on Market146

Property Features for 2319-2323 1st Street South

General Information

Standard status Active
Property subtype Retail
Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Jesseka Doherty
Source: Midamericagrp
Added: Mar 7 Changed: Jul 10 Last Checked: Jul 30 at 6:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate-Minnesota LLC

Investment Insights

Based on property information with market context.

The Shoppes of Willmar is positioned in a central shopping area, offering high visibility on Hwy 71. A Petsmart location is under construction with an anticipated opening in Fall 2018. Current co-tenants include Dollar Tree, Caribou Coffee, Great Clips, and a nail salon. The surrounding area features retailers such as Cub Foods, Target, Walmart, Menards, Home Depot, and Office Max. Additionally, the Kandi Mall is nearby, anchored by Herberger’s, JC Penney, Dunham’s Sport, JoAnn Fabric, and a Carmike Cinema. The property is currently 100% leased.

Key Highlights

  • 100% leased, providing immediate income.
  • High visibility location on Hwy 71 in a central shopping area.
  • New Petsmart opening Fall 2018, attracting additional traffic.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Kitchen & Bath Showroom Storage Facility Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby
378k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 27% Dining 21% Apparel 16% Home Improvements & Furnishings 15%
Target Superstores
55,769 visits/mo 0.2 miles
Kwik Trip Shops & Services
37,942 visits/mo 0.4 miles
Menards Home Improvements & Furnishings
37,262 visits/mo 0.3 miles
T.J. Maxx Apparel
30,041 visits/mo 0.5 miles
Runnings Apparel
28,862 visits/mo 0.3 miles

Demographics for 56201, MN

24,575
Population
10,441
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
118.1 sq mi
ZIP Area
208
Density / Sq Mi
$68,054
Median Household Income
$35,589
Median Earnings
$832
Median Rent
$199,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in high-visibility Willmar shopping center.
Where is this shopping center located?
The property is located at 2319-2323 1st Street South Willmar, MN.
What are key features of this property?
This property features: 100% leased, providing immediate income.; High visibility location on Hwy 71 in a central shopping area.; New Petsmart opening Fall 2018, attracting additional traffic.
More about this property
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