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34049389
34049382

1605 FIRST ST S, WILLMAR, MN 56201

JR
RB14036150
Riser Retail Group Carmel
Listed by Riser Retail Group Carmel
$8,150,000
2 days on market
Updated 2 days ago

Uptown Willmar Mall

Details
Property Type Retail
Sub Type Storefront, Shopping Center (+1)
Square Footage 340,114
Units 46
Cap Rate 10.4%
NOI $847,322
Occupancy 55%
Tenancy Multi
Brand/Tenant Harbor Freight, Kohl's (+1)
Pro-Forma NOI $2,230,634
Price per SqFt $24
Year Built 1973
Investment Type Value Add
Ground Lease No

Value-Add | Redevelopment Opportunity | 417,664 SF

Marketing description

• Value Add/Redevelopment Opportunity

• Potential for Additional Outlot Pads on Both Sides of Property

• Below Market Rents

• Includes 2 Tenant Outlot Building with Verizon

• Dominant Retail Center in Large Regional Trade Area

• Located on Main Retail Corridor Adjacent to Wal-Mart & Aldi

Listing Contacts

JR
RB14036150
Riser Retail Group Carmel
Listed by Riser Retail Group Carmel

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$847,322.00
$70,610.17/mo

Valuation Metrics

0
DSCR
10.4%
Cap Rate
10.4%
ROI

Map

Zoning

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SC CommercialRetail CommercialShopping Center
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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