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31690328
31690327

1213 E College Dr, Marshall, MN 56258

ZH
FL SL3612144
Atlantic Capital Partners
NH
IL 475.198321, FL SL3627391
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$1,739,000
222 days on market
Updated 52 days ago
Opportunity zone

Dark Family Dollar | Marshall, MN

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 10,500
Cap Rate 8%
NOI $139,125
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+1)
Lease Type NN
Lease Term 10.1
Lease Expiration 02/28/2034
Remaining Term 7.7
Rent Bumps Yes
Lease Options 5 X 5
Price per SqFt $166
Broker Co-Op Yes
Class B
Year Built 2024
Acreage 0.850
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/01/2024
Ground Lease No
Ownership Private
Sale Condition 1031 exchange

2024 Construction | 10-Year Lease | 8.00% Cap | Limited Nearby Competition

Marketing description

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.

Investment highlights

LONG TERM LEASE STRUCTURE

10-year initial term with five 5-year renewal options, demonstrating strong long-term confidence in this location

SOUTHWEST MINNESOTA’S REGIONAL HUB

Marshall serves as the economic, educational, and healthcare center of southwest Minnesota, drawing a trade area population of 25,000+. Anchors include Southwest Minnesota State University (3,500 students) and Avera Marshall Regional Medical Center, as well as Schwan’s Company headquarters, ADM, and other major employers

CORPORATE GUARANTY

Backed by Family Dollar, LLC, which was recently acquired by Brigade Capital Management and Macellum Capital Management for just over $1B

NEW BRAND OWNERSHIP

The recent sale of Family Dollar will result in fresh capital, revitalized focus, and superior commitment to the brand

DOMINANT RETAIL LOCATION - COLLEGE DRIVE CORRIDOR

Positioned in Marshall’s primary commercial corridor with direct frontage on E. College Drive (U.S. Highway 59), the site benefits from proximity to Walmart, Menards, Hy-Vee, Runnings, and other nationally recognized retailers that draw regional traffic

VALUE-ORIENTED RETAIL STRENGTH

Family Dollar provides discount and everyday essential goods to cost-conscious consumers, generating consistent traffic through all economic cycles. Its Combo Store model further enhances market penetration by pairing value-driven grocery/essentials with seasonal and general merchandise

Listing Contacts

ZH
FL SL3612144
Atlantic Capital Partners
NH
IL 475.198321, FL SL3627391
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$139,125.00
$11,593.75/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Brian Brockman
License
40628602
Brokerage
Bang Realty, Inc.
Brokerage Phone
5138981551
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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