Former Golden Corral 1304 East College Drive Marshall, MN 56258 FORMER GOLDEN CORRAL FOR SALE AND LEASE Offered By: Chad Sturm (612) 436-1122 [email protected] Josh Heumpfner (612) 465-8522 [email protected] Look Upland. Where Properties & People Unite. 50 S. Sixth Street, Suite 1418, Minneapolis, MN 55402 | (888) 655-1031 www.upland.com Table of Contents Property Information Location Information Property Photos and Site Plans Demographic Information About Upland Www.upland.com Property Information www.upland.com INVESTMENT INFORMATION Purchase Price: $300,000 Lease Rate: 7.50 Net / SF 2013 Taxes: $14,810 Building Sq. Ft.: 5,999 SF Lot Size: 57,565 SF Property Status: Available PROPERTY INFORMATION Building Name: Former Golden Corral Address: 1304 East College Drive Marshall, MN 56258 County: Lyon Year Built: 1987 PID#: 27-598034-0 DEMOGRAPHIC INFORMATION (Five Mile Radius) Population: 14,726 Median Household Income: $ 49,253 Average Household Income: $ 61,218 HIGHLIGHTS *List price includes miscellaneous tables and prep tables. *Paved, on-site parking. *Signage on East College Drive. *Located across the street from Minnesota SW State University and in the heart of the retail corridor of Marshall. *Just down the road from Avera Regional Medical Center. All information furnished to Upland Real Estate Group, Inc. is from sources judged to be reliable. However, no warranty or representation is made as to its accuracy or completeness. Property is subject to price change, prior sale or lease, and withdrawal from market, all without notice. Former Golden Corral—Marshall, Minnesota Area Overview www.upland.com This former Golden Corral building is situated on the south side of E. College Drive across from Minnesota Southwest State University with 3,700 undergraduate and graduate students. The building is 5,999 square feet situated on a 57,565 square foot lot, priced to sell at a purchase price of $300,000. It is located less than 1 miles from Avera Marshall Regional Medical Center which is a 25-bed full service hospital, a 76-bed skilled nursing long term care facility, an emergency care center, specialty physician clinics, imaging center and an outpatient services center. This site is also in close proximity to Marshall High School serving 795 students in grades 9-12. Other retailers nearby including: K-Mart, Applebee’s, Slumberland Furniture, Burger King, Pizza Hut, Taco John's, Denny's, McDonald's, Dairy Queen and much more. Marshall is a regional center in southwest Minnesota, and the county seat of Lyon County. It is the headquarters of the Schwan Food Company and the home of Southwest Minnesota State University. The city is 90 miles northeast of Sioux Falls, South Dakota and 148 miles southwest of Minneapolis. U.S. Route 59 and Minnesota State Highways 19, 23, and 68 are four of the main routes in the city. The Schwan Food Company, headquartered in Marshall, is one of the largest frozen-food companies in the United States. It is a 4.2 billion dollar organization and is the third-largest privately held corporation in Minnesota after Cargill and Carlson Companies. With approximately 22,000 employees worldwide, The Schwan Food Company has grown to become one of the largest producers of frozen pizza and egg rolls in the nation. The company employs approximately 2,500 people in Marshall. Other major employers in the city are US Bancorp, Avera Marshall Regional Medical Center, Hy-Vee, Wal-Mart Supercenter, Southwest Minnesota State University, Turkey Valley Farms, and Marshall Public Schools. Avera Marshall Medical Center Minnesota Southwest State University Former Golden Corral—Marshall, Minnesota Marshall High School Aerial Photo Former Golden Corral—Marshall, Minnesota www.upland.com Aerial Photo Former Golden Corral—Marshall, Minnesota www.upland.com Demographics Former Golden Corral—Marshall, Minnesota www.upland.com Demographics Former Golden Corral—Marshall, Minnesota www.upland.com
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