1709 1st Street S - Willmar, MN
Property Type: Retail
Subtype: Shopping Center
Investment Type: Net Lease
Class: A
Lease Type: NNN
Tenancy: Multi-tenant
Number of Tenants: 3
Square Footage: 6,500
Net Rentable (sq ft): 6,500
Occupancy: 100%
Units: 3
Buildings: 1
Stories: 1
Zoning: Commercial
Lot Size (acres): 1.0
Discover an exceptional investment opportunity in Willmar with a newly constructed property anchored by Starbucks and Aspen Dental, both boasting strong corporate guaranties. This prime location offers low-maintenance, high-quality build-outs, and a convenient drive-thru. Situated on the bustling 1st Street, the property enjoys the highest traffic counts in Willmar, connecting key highways and surrounded by major retailers like Kohl’s, Target, and Home Depot. Don’t miss out on this chance to invest in a thriving commercial corridor with top-tier tenants and a vibrant local trade area!
Corporate Guaranties from Top Tier Tenants
Starbucks is the leading coffee provider in the nation, carrying an investment grade credit rating of “BBB” with S&P. Aspen Dental is a leading dental service provider with over 900 locations across the country.
New Construction Building
The property is newly constructed, giving a new owner a low maintenance structure with high quality build-outs and a drive-thru.
Strong Local Trade Area
The Property sits with frontage to the primary commercial corridor for Willmar, on an outparcel to Uptown Willmar, a 450,000 square foot shopping center anchored by Kohl’s and Harbor Freight. Other major traffic drivers on the street include Target, Cash Wise Foods, Home Depot, and Willmar Middle School.
High Traffic Corridor
Sitting on 1st Street, the Property benefits from frontage to the highest traffic counts in Willmar. 1st Street connects Highways 12 and 71/23, both primary corridors through central Minnesota.
Investment Highlights
Starbucks has invested over $100,000 in upgrading the drive-thru in 2024. The 1200 SF in the middle has been built out by the owner $110,000.
Corporate Guaranties from Top Tier Tenants
Starbucks is the leading coffee provider in the nation, carrying an investment grade credit rating of “BBB” with S&P. Aspen Dental is a leading dental service provider with over 900 locations across the country.
New Construction Building
The property is newly constructed, giving a new owner a low maintenance structure with high quality build-outs and a drive-thru.
Strong Local Trade Area
The Property sits with frontage to the primary commercial corridor for Willmar, on an outparcel to Uptown Willmar, a 450,000 square foot shopping center anchored by Kohl’s and Harbor Freight. Other major traffic drivers on the street include Target, Cash Wise Foods, Home Depot, and Willmar Middle School.
High Traffic Corridor
Sitting on 1st Street, the Property benefits from frontage to the highest traffic counts in Willmar. 1st Street connects Highways 12 and 71/23, both primary corridors through central Minnesota.
Investment Highlights
Starbucks has invested over $100,000 in upgrading the drive-thru in 2024. The 1200 SF in the middle has been built out by the owner $110,000.
