Kandi Mall

Summary
PROPERTY TYPE: Enclosed Shopping Mall
SIZE: 509,198 SF
LOCATION: Willmar, MN
ANCHORS: J.C. Penney, Herberger’s, Carmike Cinemas

Kandi Mall

Willmar, MN

Investment Highlights

  • Brought in new tenants and hosted many community events to position Kandi as the primary regional shopping center
  • Increased occupancy from 84% to 93%
  • Sample of leasing activity:
    • Bath & Body Works
    • rue21
    • Carmike Cinemas
  • Completed common area and parking lot improvements
  • Increased NOI from $1.27 million to over $1.6 million