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1213 E College Dr
Marshall, MN 56258
Family Dollar - Marshall, MN · Retail Property For Sale

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
Freestanding
Building Size
10,500 SF
Building Class
C
Year Built
2024
Price
$2,387,821 CAD
Price Per SF
$227.41 CAD
Cap Rate
8%
NOI
$191,026 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.85 AC
Opportunity Zone
Yes

Property Taxes

Property Taxes

Parcel Number
27-598006-0
Land Assessment
$323,914 CAD
Improvements Assessment
$998,518 CAD
Total Assessment
$1,322,433 CAD
  • Listing ID: 40172692

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 1213 E College Dr, Marshall, MN 56258

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