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1402 E College Dr 3,801 SF of Retail Space Available in Marshall, MN 56258
Sublease Highlights
- Prime frontage along Marshall’s main retail corridor with outstanding visibility
- Convenient access with ample onsite parking and smooth circulation
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,801 SF | Aug 2039 | $22.00 /SF/YR $1.83 /SF/MO $83,622 /YR $6,969 /MO | Triple Net (NNN) |
1st Floor
This highly functional retail space offers a turnkey opportunity within one of Marshall’s most active commercial corridors, giving subtenants immediate visibility and connectivity to East College Drive’s established consumer traffic. The space provides a flexible footprint that can seamlessly accommodate a range of retail, showroom, specialty, or service concepts looking to position themselves among strong national and regional co-tenancy. Large storefront windows provide prominent street presence, while open interior dimensions allow for adaptable merchandising layouts or customized brand experiences. With a competitive rate of $22 NNN and a sublease term extending through August 2039, this opportunity delivers long runway and cost stability for operators seeking a well-located, move-in-ready environment. The surrounding trade area offers consistent year-round demand supported by nearby residential density, university-driven activity, and strong daytime populations. Easy access, ample parking, and high signage visibility along the corridor enhance customer convenience and overall brand exposure, making this sublease a compelling option for retailers aiming to grow in a high-traffic, proven retail node.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Drive Thru
- Open interior layout
- Attractive sublease rate of $22 NNN
- Ample onsite parking and smooth circulation
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.
Select Tenants at 1402 E College Dr, Marshall, MN 56258
- Tenant
- Description
- US Locations
- Reach
- Hardee's
- Fast-food
- 1,907
- International
| Tenant | Description | US Locations | Reach |
| Hardee's | Fast-food | 1,907 | International |
Property Facts
| Total Space Available | 3,801 SF | Gross Leasable Area | 3,801 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Fast Food | Parking Ratio | 9.21/1,000 SF |
| Total Space Available | 3,801 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 3,801 SF |
| Year Built | 2000 |
| Parking Ratio | 9.21/1,000 SF |
About the Property
Located directly along E College Drive, Marshall’s primary commercial corridor, this property offers a high-visibility setting ideal for both destination and daily-needs retail. The site sits within one of the city’s most established retail nodes, surrounded by major national brands, regional service providers, and strong daytime and residential populations. E College Drive functions as the area’s main east-west arterial, delivering consistent traffic volumes and a broad consumer draw from both local residents and surrounding Lyon County communities. The property benefits from highly accessible ingress and egress, with a site layout that supports smooth circulation and ample parking for customers and staff. Its frontage presents strong visual exposure to passing vehicles, creating excellent signage potential for retailers seeking brand prominence. The surrounding trade area is anchored by Southwest Minnesota State University, multiple hotels, grocery options, fitness centers, and established neighborhoods that support steady, year-round activity. Marshall itself is a regional employment hub with a diversified economy, notable corporate presences, and a consumer base that frequently utilizes this corridor for shopping, dining, and essential services. The city’s pro-business environment, reasonable operating costs, and central location make this corridor particularly attractive for expanding businesses and franchise operators. This location is well-positioned for retail, quick-service restaurant, service-oriented businesses, medical uses, or specialty concepts that rely on strong visibility and a convenient customer experience.
Nearby Major Retailers
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1402 E College Dr
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