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Freestanding Restaurant with Drive-Thru
For Lease
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1402 E College Dr, Marshall, MN 56258

Freestanding former QSR building with booths, walk-in cooler/freezer, and a functional drive-thru window.

Space Size4,430 SF
Days on Market198

Property Features for 1402 E College Dr

General Information

Standard status Active
Size 4,430 SF
Property subtype RETAIL
Lease Type Modified Gross

Additional Details

Furnished Yes

Spaces For Lease

at 1402 E College Dr
Marshall MN Restaurant for Lease $12/SF/Yr
Floor 1
Size 4,430 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
Property Description: 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.
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Listing Agency: NAI North Star
Listed By: Cate DeBates · License #MN-40913079
Source: Moodyscre
Added: Apr 16 Changed: Oct 26 Last Checked: Oct 28 at 10:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI North Star

Rey
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Investment Insights

Based on property information with market context.

This freestanding former Hardee’s building is available for lease and offers existing QSR infrastructure for immediate occupancy or adaptive reuse. The space includes booths and tables, select remaining kitchen equipment, a walk-in cooler/freezer, and a functional drive-thru window that can help reduce startup requirements for food users. The layout is also described as flexible, supporting conversion to retail, medical, or office use.

The site is positioned for high visibility with ample parking and efficient access.

The landlord will consider tenant improvements, with terms structured based on tenant credit and lease profile.

Key Highlights

  • Freestanding former Hardee’s QSR building available for lease
  • Includes QSR infrastructure: booths, tables, and select remaining kitchen equipment
  • Walk‑in cooler/freezer included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hardee's Restaurant

Suggested Use

Top Pick Building Supply Hair Salon Big Box & Wholesale Store HVAC Service Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

961
Businesses Nearby
122k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 20% Hotels & Casinos 5% Home Improvements & Furnishings 2%
McDonald's Dining
20,787 visits/mo 0.4 miles
Hobby Lobby Shops & Services
18,714 visits/mo 0.4 miles
Taco Bell Dining
14,724 visits/mo 0.2 miles
Applebee's Dining
11,611 visits/mo 0.4 miles
Arby's Dining
10,855 visits/mo 0.2 miles

Demographics for 56258, MN

15,480
Population
6,976
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
193.8 sq mi
ZIP Area
80
Density / Sq Mi
$70,640
Median Household Income
$41,159
Median Earnings
$742
Median Rent
$210,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding former QSR building with booths, walk-in cooler/freezer, and a functional drive-thru window.
Where is this drive through restaurant located?
The property is located at 1402 E College Dr Marshall, MN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Freestanding former Hardee’s QSR building available for lease; Includes QSR infrastructure: booths, tables, and select remaining kitchen equipment; Walk‑in cooler/freezer included
(507) 380-6627 · Office Call to check price and availability
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