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Family Dollar - Marshall, MN 1213 E College Dr 10,500 SF Retail Building Marshall, MN 56258 $1,739,000 ($165.62/SF) 8% Cap Rate
Investment Highlights
- LONG TERM LEASE STRUCTURE
- DOMINANT RETAIL LOCATION – COLLEGE DRIVE CORRIDOR
- NEW BRAND OWNERSHIP
- CORPORATE GUARANTY
- SOUTHWEST MINNESOTA’S REGIONAL HUB
- VALUE-ORIENTED RETAIL STRENGTH
Executive Summary
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.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
C
Year Built
2024
Price
$1,739,000
Price Per SF
$165.62
Cap Rate
8%
NOI
$139,120
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
B-3 - General Business)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dairy Queen
- Management of Companies and Enterprises
- -
- -
- -
-
- Retailer
- -
- -
- -
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dairy Queen | Management of Companies and Enterprises | - | - | - | ||
|
|
Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-598006-0 | Improvements Assessment | $727,200 |
| Land Assessment | $235,900 | Total Assessment | $963,100 |
Property Taxes
Parcel Number
27-598006-0
Land Assessment
$235,900
Improvements Assessment
$727,200
Total Assessment
$963,100
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Presented by
Atlantic Capital Partners
Family Dollar - Marshall, MN | 1213 E College Dr
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