88,355 SF Retail
For Sale
Contact for pricing
1300 5th St SE, Willmar, MN 56201
Single tenant net leased retail property in Willmar, Minnesota.
Property Size88,355 SF
Lot Size9.50 Acres
Price / SF$101.13
Days on Market1441
Property Features for 1300 5th St SE
General Information
Standard status
Active
Size
88,355 SF
Lot size
9.50 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Net Operating Income
$558,411
Building Details
Year Built
1984
Year Renovated
2021
Tenancy
Single
Listing Agency:
Rice Real Estate Services
(320) 257-5400
Listed By:
Chris Schuver · License #40726723
Source:
Crexi
Added: Sep 10, 2022
Changed: Aug 8
Last Checked: Aug 20 at 4:43AM
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 Rice Real Estate Services
Investment Insights
Based on property information with market context.
This single-tenant net-leased property in Willmar, Minnesota, features a building consisting of 88,355 square feet situated on approximately 9.5 acres. Originally constructed with 55,000 square feet in 1984, a precast addition of 33,355 square feet was added in 1994. The building is in excellent condition, with a major remodel completed in 2021. Renovations included a new HVAC system with all new RTUs, parking lot improvements, tenant FF&E upgrades, and a full interior remodel, with the total project exceeding $5.5 million. An improvement list is available upon request.
Key Highlights
- Single tenant net leased property.
- Major remodel completed in 2021 with over $5.5M invested.
- New HVAC system including all new RTU’s installed in 2021.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
169k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Apparel 16%
Groceries 14%
Shops & Services 11%
McDonald's
Dining
31,619 visits/mo
0.5 miles
Aldi
Groceries
23,630 visits/mo
0.4 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?
Retail property - Single tenant net leased retail property in Willmar, Minnesota.
Where is this retail property located?
The property is located at 1300 5th St SE Willmar, MN.
What is the asking price?
The asking price for this property is $8,935,000.
What are key features of this property?
This property features: Single tenant net leased property.; Major remodel completed in 2021 with over $5.5M invested.; New HVAC system including all new RTU’s installed in 2021.
