- For Lease $15.00/SF/YR
- Property Type Retail - Restaurant
- Units 1
- Lot Size 0.78 Acre
- Property Tenancy Single Tenant
- Year Built 1993
- Date Updated May 12, 2026
Description
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.
Highlights
- $15/SF/YR - Absolute Triple Net Lease
- Equipment/Inventory Included
- Improvements Negotiable
- Turnkey Second Generation QSR
True
1 Space Available
1402 E College Dr
Space Type
Retail
Lease Rate
$15.00/SF/YR
Total Space
4,430 SF
Divisible Space
4,430 - 4,430 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Turnkey
Yes
Contacts
Cate DeBates
NAI North Star
Location
Located at 1402 E College Dr, Marshall, MN 56258, this property is part of the Marshall neighborhood.
Contact Listing Broker
Cate DeBates
NAI North Star