Walgreens NNN
For Sale
Contact for pricing
1301 1st St S, Willmar, MN 56201
Absolute triple-net occupancy extends beyond nine years in the current base term.
Property SizeContact for details
Days on Market143
Property Features for 1301 1st St S
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Tenancy
Single
Listing Agency:
SAB Capital
(646) 809-8856
Listed By:
Asher Wenig · License #10301219652
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 6:20PM
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 SAB Capital
Investment Insights
Based on property information with market context.
This Walgreens property is leased under an absolute triple-net structure, with more than nine years remaining in the base term. The lease is backed by Walgreens Boots Alliance, a Fortune 500 company with over 8,200 locations nationwide. Year-one cash-on-cash return is stated at 8.70%.
The property occupies a signalized corner within Willmar’s dense retail corridor. Willmar is located 86 miles west of Minneapolis, providing a defined regional position for this single-tenant retail asset.
The property occupies a signalized corner within Willmar’s dense retail corridor. Willmar is located 86 miles west of Minneapolis, providing a defined regional position for this single-tenant retail asset.
Key Highlights
- Absolute NNN lease with over nine years remaining in the base term
- Lease backed by Walgreens Boots Alliance, a Fortune 500 company
- 8.70% year‑one cash‑on‑cash return
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
177k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Apparel 15%
Groceries 13%
Shops & Services 11%
McDonald's
Dining
31,619 visits/mo
0.4 miles
Aldi
Groceries
23,630 visits/mo
0.5 miles
Kohl's
Apparel
17,737 visits/mo
0.4 miles
Taco John's
Dining
14,579 visits/mo
0.1 miles
Burger King
Dining
11,244 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute triple-net occupancy extends beyond nine years in the current base term.
Where is this nnn property located?
The property is located at 1301 1st St S Willmar, MN.
What are key features of this property?
This property features: Absolute NNN lease with over nine years remaining in the base term; Lease backed by Walgreens Boots Alliance, a Fortune 500 company; 8.70% year‑one cash‑on‑cash return
