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Vacant QSR - Former KFC Drive Thru 1201 Susan Dr

4,014 SF Retail Building Marshall, MN 56258 $975,000 ($243/SF)

Investment Highlights

  • HIGH TRAFFIC COUNTS - Located on a busy major thoroughfare with upwards of 20,000+ Vehicles Per Day with excellent visibility and access
  • REDEVELOPMENT OPPORTUNITY - Excellent chance for a new tenant to take advantage of cost savings with an already existing restaurant
  • Owner recently invested nearly $50,000 into a new HVAC system for the property, providing a new owner peace of mind for the next several years
  • NEIGHBORING NATIONAL TENANTS - Located right next to Culver's and Cold Stone Creamery on an outparcel of Harbor Freight, Runnings and Walmart
  • EXISTING DRIVE THRU - Drive-thrus provide a quick and convenient option for customers to order and pick up food without leaving their vehicles
  • NEW CITY DEVELOPMENTS - Les Schwab Tire Centers began construction on a new site in June, less than a mile away from the subject property

Executive Summary

Prime Net Lease is pleased to present a prospecting Buyer the opportunity to own a ±4,014 SF, former KFC | A&W Drive Thru Restaurant located in Marshall, Minnesota. The site is currently operating as a D's Thai Restaurant.
This former KFC | A&W Restaurant is located at the intersection of U.S Route 59 and Highway 23 in Marshall, Minnesota surrounded by several major national tenants. This site is located right next to Culver's on an outparcel of the original Runnings store, Harbor Freight and Walmart. “Red” Running opened the first store in downtown Marshall in 1947. Walmart is right up the street along with several other national retailers nearby including McDonald's, Jimmy John's, Arby's, Dairy Queen, Applebee's, Caribou Coffee, Starbucks, Casey's, Dollar Tree, Hobby Lobby, Sears, and many others. Marshall is a regional center in southwest Minnesota, and the county seat of Lyon County.
Marshall is the heart of Southwest Minnesota. Serving as a regional hub, Marshall supports the region's workforce, employment base, healthcare, education, retail, and hospitality needs. The community is for those who want to not only want to see the horizon but want to help shape it. Everyone who lives, works, and visits Marshall appreciates the big city amenities that can be found within the micropolitan. Marshall's infrastructure consists of multiple highways, a regional airport and railway. This contributes to Marshall's increase in daytime population, reaching approximately 25,000. Marshall has 14,000+ residents living within 5 miles of the location with an average household income of $91,077 making it a perfect area for this redevelopment opportunity.

Property Facts

Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,014 SF
Building Class
B
Year Built
2005
Price
$975,000
Price Per SF
$243
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.59 AC
Frontage
472 FT on U.S. 59

Amenities

  • Drive Thru

Nearby Major Retailers

Perkins
Hy-Vee
Starbucks
Ymca
U.S. Bank
Applebee's
Old National Bancorp
Anytime Fitness
Wells Fargo Home Mortgage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-943001-2
Land Assessment
$342,400
Improvements Assessment
$472,600
Total Assessment
$815,000
  • Listing ID: 33388739

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 1201 Susan Dr, Marshall, MN 56258

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