Search
Absolute NNN Ground Lease
New
For Sale
Contact for pricing

3320 1st St S, Willmar, MN 56201

Corporate-backed automotive service tenancy offers long-term lease security with no landlord responsibilities.

Property SizeContact for details
Days on Market7

Property Features for 3320 1st St S

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Cushman & Wakefield - Phoenix, Arizona
Listed By: Chris Hollenbeck · License #SA584876000
Source: Crexi
Added: Sep 8 Changed: Sep 11 Last Checked: Sep 13 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 Cushman & Wakefield - Phoenix, Arizona

Investment Insights

Based on property information with market context.

This NNN investment is leased to Les Schwab Tire Center under a corporate-guaranteed ground lease. The structure places zero landlord responsibilities on ownership and includes 10% rent increases at five-year intervals, with approximately 18 years remaining in the primary term. Les Schwab operates an essential-use automotive service business focused on tires, brakes, alignments, and preventive maintenance.

The property occupies 3320 1st St S along U.S. Highway 71 in Willmar, with access to U.S. Highway 12 and Minnesota Highway 23. Its setting includes major retail operators such as Walmart Supercenter, Target, Menards, Hy-Vee, Hobby Lobby, Tractor Supply Co., AutoZone, Runnings, Dollar Tree, and Cub Foods. The site is also described as new construction within Willmar’s principal retail corridor.

Key Highlights

  • Absolute NNN ground lease with zero landlord responsibilities
  • Corporate‑guaranteed lease with approximately 18 years of primary term remaining
  • 10% rent escalations every five years

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Storage Facility Kitchen & Bath Showroom Gym & Fitness Center Electrical Service Garden Center

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
220k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 26% Superstores 25% Shops & Services 19% Dining 17%
Target Superstores
55,769 visits/mo 0.4 miles
Menards Home Improvements & Furnishings
37,262 visits/mo 0.0 miles
Runnings Apparel
28,862 visits/mo 0.3 miles
Hobby Lobby Shops & Services
24,671 visits/mo 0.3 miles
Arby's Dining
16,229 visits/mo 0.4 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - Corporate-backed automotive service tenancy offers long-term lease security with no landlord responsibilities.
Where is this nnn property located?
The property is located at 3320 1st St S Willmar, MN.
What is the asking price?
The asking price for this property is $2,490,196.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibilities; Corporate‑guaranteed lease with approximately 18 years of primary term remaining; 10% rent escalations every five years
(602) 224-4475 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message