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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

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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.

Marshall MN - Family Dollar Dollar Tree OM 4.15.26 - compressed

Property Facts

Sale Type

Investment

Sale Condition

1031 Exchange

Property Type

Retail

Property Subtype

Freestanding

Building Size

10,500 SF

Building Class

Year Built

2024

Price

$1,739,000

Price Per SF

$165.62

Cap Rate

NOI

$139,120

Tenancy

Single

Building Height

1 Story

Building FAR

0.28

Lot Size

0.85 AC

Opportunity Zone

Yes

Major Tenants

Management of Companies and Enterprises
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Dairy Queen began in 1940 when John Fremont McCullough created a new soft-serve formula in Illinois. The first store's immediate success led to rapid franchising across America. Today, the company operates through a franchise model offering both frozen desserts and fast food items. While maintaining its signature soft-serve products, the menu expanded to include Blizzard Treats and various grilled food options. Dairy Queen has established a significant international presence through its franchise network.

Retailer
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Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.