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1211-1215 E College Dr
Marshall, MN 56258

Retail Property For Sale

Retail Buildings Minnesota Marshall 1211-1215 E College Dr, Marshall, MN 56258

Investment Highlights

  • Brand-New, Long-Term Net Lease
  • Best-in-Class Tenant with Investment Grade Parent
  • Excellent Access & Visibility Along Primary Thruway
  • 2024 Build-to-Suit Construction
  • New Combo Store Concept
  • Proximity to Southwest Minnesota State University

Executive Summary

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase fee simple interest in the Family Dollar | Dollar Tree combo store located in Marshall, MN (“the Property”). The Property consists of a 10,500 square foot freestanding retail building, on a 0.85-acre parcel of land. The tenant is operating under a brand-new net lease with limited landlord responsibilities and about 10 years of base lease term remaining, offering potential investors a passive income investment asset with long-term, stable cash flow. See Lease Abstract for full details.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,967 SF
Building Class
C
Year Built
2024
Price
$2,773,998 CAD
Price Per SF
$558 CAD
Cap Rate
7.25%
NOI
$201,115 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Frontage
89 ft on E College Dr

Amenities

  • Dedicated Turn Lane
  • Pylon Sign

Links

 

  • Listing ID: 32234653

  • Date on Market: 2024-06-24

  • Last Updated:

  • Address: 1211-1215 E College Dr, Marshall, MN 56258

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Dollar Tree & Family Dollar

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