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Multi-Tenant Shopping Center
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1604 1st Street South, Willmar, MN 56201

Multi-tenant commercial center serving healthcare, retail, and service users.

Property Size63,467 SF
Lot Size6.64 Acres
Price / SF$60.63
Days on Market12

Property Features for 1604 1st Street South

General Information

Standard status Active
Size 63,467 SF
Lot size 6.64 Acres
Property subtype Retail, Office
Occupancy 74%

Building Details

Tenancy Multi
Listing Agency: Northmarq Capital, LLC
Listed By: Anne Perrault · License #OK
Source: Crexi
Added: Sep 3 Changed: Sep 9 Last Checked: Sep 13 at 4:12AM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

Skylark Center is a 63,467-square-foot shopping center on a 6.64-acre site at 1604 1st Street South in Willmar, Minnesota. The property contains 16 units and is occupied by a combination of healthcare, retail, and service tenants, with overall occupancy reported at 74%.

CentraCare occupies approximately 27,797 square feet, or nearly 44% of the center’s gross leasable area. The healthcare system is one of Minnesota’s largest nonprofit healthcare organizations. The property is offered as a 100% fee simple interest.

Key Highlights

  • 63,467 SF multi‑tenant shopping center
  • 6.64‑acre site in Willmar, MN
  • 16 total units with 74% occupancy

Property Analytics

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Open Analytics

Current Use

Ross G. Olness, ... Dental Office Kirstin U. Bergman, ... Physician Jeffrey R. Kennedy, ... Physician Health Insurance Services Insurance Agency America's Best Hearing Hearing Aid Store

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop Kitchen & Bath Showroom Storage Facility Law Firm

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

74%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby
337k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Shops & Services 30% Apparel 17% Groceries 13%
Kwik Trip Shops & Services
37,942 visits/mo 0.2 miles
T.J. Maxx Apparel
30,041 visits/mo 0.2 miles
Aldi Groceries
23,630 visits/mo 0.3 miles
Culver's Dining
22,249 visits/mo 0.2 miles
Cub Foods Groceries
20,814 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping center - Multi-tenant commercial center serving healthcare, retail, and service users.
Where is this shopping center located?
The property is located at 1604 1st Street South Willmar, MN.
What is the asking price?
The asking price for this property is $3,848,000.
What are key features of this property?
This property features: 63,467 SF multi‑tenant shopping center; 6.64‑acre site in Willmar, MN; 16 total units with 74% occupancy
More about this property
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