1213 E College Dr - Freestanding FOR SALE


Marshall, MN 56258
$1,739,000 USD
847-722-0865
1213 E College Dr, Marshall, MN for Sale
$1,739,000 USD
Freestanding - FOR SALE
1/4
null | 8% Cap Rate

1213 E College Dr
Marshall, MN 56258


HIGHLIGHTS

  • LONG TERM LEASE STRUCTURE
  • CORPORATE GUARANTY
  • DOMINANT RETAIL LOCATION – COLLEGE DRIVE CORRIDOR
  • SOUTHWEST MINNESOTA’S REGIONAL HUB
  • NEW BRAND OWNERSHIP
  • VALUE-ORIENTED RETAIL STRENGTH

OVERVIEW

Atlantic Capital Partners is pleased to present the opportunity to acquire a newly constructed, single-tenant Family Dollar located at 1213 E. College Drive, Marshall, MN. The property features a 10,500 SF store, positioned along the city’s main retail corridor. Family Dollar signed a 10-year initial lease term with five 5-year renewal options, providing long-term income security. Marshall serves as the economic, educational, and retail hub for southwest Minnesota. Anchored by Southwest Minnesota State University (3,500+ students) and Avera Marshall Regional Medical Center, the city attracts a regional draw of over 25,000 people. Major employers include Schwan’s Company (HQ in Marshall), ADM, Hy-Vee, Walmart, Runnings, and U.S. Bancorp, supporting a diversified and stable economic base. The site benefits from strong surrounding retail with Walmart, Menards, Hy-Vee, Runnings, and a mix of regional/national tenants along College Drive, establishing the corridor as the dominant shopping destination.

FOR SALE DETAILS

PRICE

$1,739,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar - Marshall, MN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

-

APN/PARCEL ID

27-598006-0

ASK ABOUT THIS PROPERTY

Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.