Wakota Commercial Advisors in conjunction with Marcus & Millichap is pleased to exclusively present for your acquisition review the Former Kmart building in Duluth, Minnesota. The building is comprised of some 86,611+/- square feet and is positioned with excellent visibility at the intersection of I-35 & Central Ave.

The building was a build-to-suit construction for Kmart in 1991 and was built in-line with the Spirit Valley Mall. Spirit Valley Mall is a 70,850 square foot mall anchored by tenants such as Anytime Fitness, Dollar Tree, United States Postal Service, Cost Cutters, Access Music Therapy and several others. Spirit Valley Mall is currently 98 percent occupied and has held a strong historical occupancy, providing an investor with reassurance of a hopeful backfill opportunity for the former Kmart space. Along with the Spirit Valley Mall, additional retail traffic drivers within the area include McDonalds, Menards, Super One Foods, Laura MacArther Elementary School, CVS, Taco Johns, Walgreens, Whole Foods, and Arby