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Former Marshall MN Shopko 1200 E Susan Dr
10,000 - 33,447 SF of Office/Retail Space Available in Marshall, MN 56258
Highlights
- True Trade Area Population of 400,881 (Placer.ai, 2022)
- Located in the main shopping district of Marshall MN
- Join this center with a special introductory rate for an as-is lease today!
- Adjacent to Walmart Supercenter and Menards
- NEW Harbor Freight opened in 2023!
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 200 | 10,000-33,447 SF | Negotiable | $11.34 CAD/SF/YR $0.94 CAD/SF/MO $122.06 CAD/m²/YR $10.17 CAD/m²/MO $31,607 CAD/MO $379,281 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 200
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Fits 25 - 575 People
- 2 Loading Docks
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT Former Marshall MN Shopko
- Tenant
- Description
- US Locations
- Reach
- Harbor Freight Tools
- Retailer
- -
- -
- Marshalls
- Retailer
- -
- -
Tenant | Description | US Locations | Reach |
Harbor Freight Tools | Retailer | - | - |
Marshalls | Retailer | - | - |
PROPERTY FACTS FOR 1200 E Susan Dr , Marshall, MN 56258
Min. Divisible | 10,000 SF | Gross Leasable Area | 71,847 SF |
Property Type | Retail | Year Built | 1972 |
Property Subtype | Freestanding |
Min. Divisible | 10,000 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 71,847 SF |
Year Built | 1972 |
About the Property
Located in Marshall, Minnesota, this former Shopko is an approximately 72,000 SF Retail standalone sitting on over 7 acres located on East Main Street next to a Walmart Supercenter at the intersection of Highway 23. The property boasts a large parking field with great access. Harbor Freight Tools recently opened mid-2023 to kickstart the revival of this property, and Marshalls is coming in 2025! Just South of Independence Park, this area sees traffic from city- and nature-goers alike with an approx 400,000 person True Trade Area per Placer.ai. This building is divisible and suites are available to rent for anything from traditional retail storefronts and restaurants to offices to medical or other professional service providers. Owner is open to creative uses. A 0.65 acre Pad Site is also available For Sale. Woodcrest Capital welcomes first time and franchise businesses to its centers with easy-to-read leases and flexible terms. Woodcrest is also sufficiently sophisticated to please the largest of national credit tenants. As a family-owned business with over 40 years in commercial real estate, Woodcrest owns and operates everything from Class A centers in the busiest neighborhoods to troubled centers it’s rehabilitating in struggling rural communities. Give us a call today to find the right location for your business!
- Signage
Nearby Major Retailers
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Former Marshall MN Shopko | 1200 E Susan Dr
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