About This Restaurant
Investment Highlights
Located Along E. College Drive | Centralized Location | Drive-Thru Equipped | Excellent Visibility & Access Direct Residential Consumer Base |Strong Demographics in 5-Mile Trade Area 9+ Years Remaining | Scheduled Rental Increases | Corporate Signed | Well-Known & Established Brand Dense Retail Corridor | Strong National/Credit Tenant Presence | Minnesota State University | Avera Marshall Regional Hospital NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
Executive Summary
9+ Years of Remaining TermDirectly Across from Minnesota State UniversityFee Simple OwnershipDrive-Thru Equipped
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food Freestanding
- Building Size 2,559
- Building Class B
- Year Built 2016
- Price 1,917,000
- Price Per SF 749
- Cap Rate 6
- NOI 115,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.09
- Land Acres 0.63 AC
Amenities
- Freeway Visibility
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 27-867001-0 | Improvements Assessment | $165,000 |
| Land Assessment | $510,900 | Total Assessment | $675,900 |
| Date Created: | 2024-07-16 04:16:20 | Last Updated: | 2024-07-16 04:16:20 |
| Address: | 1416 E College Dr , Marshall, Minnesota, 56258 | ||