1213 E College Dr - Freestanding FOR SALE


Marshall, MN 56258
$1,795,160 USD
312-548-6822
1213 E College Dr, Marshall, MN for Sale
$1,795,160 USD
Freestanding - FOR SALE
1/3
null | 7.75% Cap Rate

1213 E College Dr
Marshall, MN 56258


HIGHLIGHTS

  • New Construction
  • Passive NN Lease Structure
  • Scheduled Rent Increases
  • Investment Grade Credit
  • Strategic Retail Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction freestanding Family Dollar | Dollar Tree investment property located at 1213 E College Drive in Marshall, Minnesota (the “Property”). Family Dollar | Dollar Tree has 9 years remaining on their lease with five (5), 5-year renewal options. The lease features attractive rent increases at the start of each renewal option. The Property enjoys excellent frontage and visibility along E College Drive (MN Route 19), the area’s primary commercial corridor and is convenient to US Highway 59 and MN Route 23, the area’s primary commuter corridors. Family Dollar is positioned just east of Downtown Marshall and enjoys convenient access to the area schools, national retailers and restaurants and several industrial complexes that drive traffic to the area. Additionally, the Property is close to Marshall’s residential neighborhoods, Southwest Minnesota State University, and Avera Marshall Regional Medical Center. Marshall is situated on the Redwood River in the southwest region of the state, approximately 150 miles southwest of the Twin Cities.

FOR SALE DETAILS

PRICE

$1,795,160 USD

PRICE/SF

$361 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar | Dollar Tree

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

0.91 AC

LAND SF

39,640 SF

ZONING

-

APN/PARCEL ID

27-598006-0

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

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