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    1200 Susan Dr Marshall, MN 56258

    Sponsored
    For Lease
    $8 SF/Yr

    72,000 SF Retail/Office Space Available

    Lot size:
    71,847 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 71,847 square foot former Shopko building in Marshall, Minnesota, presents a unique redevelopment opportunity. Located at 1200 Susan Dr, this standalone retail space sits on over 7 acres and offers excellent visibility and accessibility, situated near a Walmart Supercenter and Highway 23. The property features a large parking lot and benefits from high traffic volume due to its proximity to Independence Park. The building is currently vacant, offering 33,447 contiguous square feet, with a minimum divisible space of 10,000 square feet. Suitable for a variety of uses, including traditional office, coworking, creative office, medical office, retail, and restaurant spaces, this property is ideal for businesses seeking flexible and adaptable layouts. The recent opening of Harbor Freight Tools in 2023 and the upcoming opening of Marshalls in 2025 signal a revitalization of the area, creating a strong potential for growth and increased foot traffic. The property is located in Lyon County, Minnesota, and offers multiple tenancy options. This prime location provides an excellent opportunity for businesses to establish a strong presence in a growing community. The building's size and layout offer significant flexibility for customization to meet specific business needs.

    Property Features for 1200 Susan Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,847 SF
    Total Rate
    47898

    Unit(s) available at that property

    Space
    Available Space
    Size
    33,447 SF
    Rate per SF
    $8

    HighLights

    • 71,847 square foot former Shopko building on over 7 acres in Marshall, MN.
    • High‑traffic location near Walmart Supercenter and Highway 23, with excellent visibility and access.
    • New Harbor Freight opened in 2023, and Marshalls opening in 2025 indicate a revitalized area.
    • Located at the intersection of Highway 23 and E Main St, two miles from Southwest Minnesota State University.
    • Large parking field.
    • Great visibility and access.
    Property Profile Location Intelligence

    Current Use by Public Records

    higi Health Consultant Harbor Freight Tools Hardware Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Lyon
    State
    Minnesota
    Longitude
    -95.769408764469
    Latitude
    44.434851467106

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    FAQs

    What type of property is this?
    Restaurant - 72,000 SF Retail/Office Space Available
    Where is this restaurant located?
    The property is located at 1200 Susan Dr Marshall, MN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 71,847 square foot former Shopko building on over 7 acres in Marshall, MN.; High-traffic location near Walmart Supercenter and Highway 23, with excellent visibility and access.; New Harbor Freight opened in 2023, and Marshalls opening in 2025 indicate a revitalized area.
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    1200 Susan Dr Marshall, MN 56258
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    Marshall, MN 56258
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 Susan Dr Marshall, MN 56258
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