Marshall MN Restaurant

For Lease 4,430 SF

1402 E College Dr, Marshall, MN 56258

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.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.

Key features

  • $12/SF/YR - Modified Gross Lease
  • Equipment/Inventory Included
  • Improvements Negotiable
  • Turnkey Second Generation QSR

Rental Details

  • Number of spaces 1
  • Total square feet available 4,430 SF
  • For Lease $12.00/SF/YR
  • Space Type Retail
  • Lease Type Modified Gross
  • Latest Update Sep 19, 2026
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1 Space Available

1402 E College Dr

Space Type
Retail
Lease Rate
$12.00/SF/YR
Total Space
4,430 SF
Lease Type
Modified Gross

Contacts

Cate DeBates

NAI North Star

Building Details

  • For Lease $12.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 4,430 SF
  • Units 1
  • Lot Size 0.78 Acre
  • Additional Rent Price on request
  • Property Tenancy Single Tenant
  • Year Built 1993
  • Date Updated Sep 19, 2026

Location

  • City Marshall, MN
  • Neighborhood Marshall
  • Zip Code 56258
  • Walk score 51/100 Somewhat Walkable
  • Bike score 50/100 Bikeable
Powered by Walk Score ®

Points of Interest

Casey's General Store

0.50 miles

Hy-Vee Gas

1.00 miles

BP

1.03 miles

Cenex

1.13 miles

C Parking Lot

0.19 miles

R/A Parking Lot

0.29 miles

BA/PE Parking Lot

0.38 miles

A Parking Lot

0.42 miles

R Parking Lot

0.46 miles

B Parking Lot

0.55 miles

SS Parking Lot

0.56 miles

Overflow Event Parking

0.73 miles

Baseball Parking Lot

0.81 miles

Bremer Bank Employee Parking

1.02 miles

Market Street Mall

0.25 miles

Runnings

0.94 miles

Hy-Vee

1.09 miles

Walmart Supercenter

1.23 miles

Duenas Grocery Store

1.25 miles

ALDI

1.41 miles

Terry's Foods

3.66 miles

Listing Summary

  • Retail Space Costs at 1402 E College Dr

    The asking rent for retail space in this property starts at $12.00/SF/YR.

  • Retail Space Available

    The property exclusively contains Retail space totaling 4,430 square feet. The leasing opportunity here is available under Modified Gross lease terms.

  • Space Sizes
    • The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
Contact Cate DeBates
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