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1402 E College Dr 4,430 SF of Retail Space Available in Marshall, MN 56258
Highlights
- Freestanding restaurant building
- High-visibility corridor along East College Drive
- Zoned for retail/restaurant use
- Existing drive-thru infrastructure
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,430 SF | Negotiable | $20.66 CAD/SF/YR $1.72 CAD/SF/MO $91,535 CAD/YR $7,628 CAD/MO | Triple Net (NNN) |
1st Floor
Freestanding former Hardee’s building available for lease, featuring existing QSR infrastructure ideal for immediate occupancy or adaptive reuse. The property includes booths, tables, select remaining kitchen equipment, walk-in cooler/freezer, and a functional drive-thru window—significantly reducing startup costs for food users. The flexible layout also supports conversion to retail, medical, or office use. High-visibility site with ample parking and efficient access. Landlord will consider tenant improvements, with terms structured based on tenant credit and lease profile, creating a scalable opportunity for a range of users.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Turnkey restaurant layout
- Equipment and inventory included
- Improvements negotiable
- ±4,430 SF second-generation QSR space
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
- 1,903
- International
| Tenant | Description | US Locations | Reach |
| Hardee's | Fast-food | 1,903 | International |
Property Facts
| Total Space Available | 4,430 SF | Gross Leasable Area | 4,430 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Fast Food | Parking Ratio | 9.21/1,000 SF |
| Total Space Available | 4,430 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 4,430 SF |
| Year Built | 2000 |
| Parking Ratio | 9.21/1,000 SF |
About the Property
Positioned along E College Dr/US Hwy 19, a primary retail corridor in Marshall, this former Hardee’s benefits from strong regional visibility and commuter flow. Nearby traffic counts are estimated at ±12,000–15,000 vehicles per day (AADT), supporting high-frequency exposure for QSR, retail, or service users. Strategic adjacency to Walmart, Southwest Minnesota State University, and national retailers drives consistent daytime and evening demand, making this a high-performing location for drive-thru or reuse opportunities in a proven trade area.
Nearby Major Retailers
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1402 E College Dr
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