Vacant QSR - Former KFC Drive Thru

Highlights

• HIGH TRAFFIC COUNTS - Located on a busy major thoroughfare with upwards of 20,000+ Vehicles Per Day with excellent visibility and access to 10,516 vehicles from U.S. Route 59 and 9,723 vehicles from Highway 23. Highway 23 stretches from southwestern to northeastern Minnesota and is the second longest state route after Highway 1. It runs roughly diagonally across Minnesota from southwest to northeast. It indirectly connects Duluth to Sioux Falls, South Dakota, and passes through the cities of St. Cloud, Willmar, and Marshall.
• NEIGHBORING NATIONAL TENANTS - This site is located right next to Culver's and Cold Stone Creamery on an outparcel of Harbor Freight, Runnings and Walmart. The property is surrounded with local and major national tenants including McDonald's, Hardee's, Caribou Coffee, Arby's, Subway, Dairy Queen, Domino's Pizza, Taco Bell, Dollar Tree, Starbucks, Sears, Menards, and many others.
• ATTRACTIVE LOCATION - Marshall is the headquarters of the Schwan Food Company and the home of Southwest Minnesota State University (SMSU). Schwan employs about 1,500 people in Marshall. The city is 150 km (93 mi) northeast of Sioux Falls, South Dakota, and 238 km (148 mi) southwest of Minneapolis. The site is 2 miles away from SMSU with a 2,250+ student population.
• REDEVELOPMENT OPPORTUNITY - Excellent chance for a new tenant to take advantage of cost savings with an already existing restaurant. Redevelopment often requires fewer resources and expenses compared to new construction, as the basic structure and infrastructure already exist. This can result in lower overall project costs, including materials, labor, and permitting fees.
• EXISTING DRIVE THRU - Drive-thrus provide a quick and convenient option for customers to order and pick up food without leaving their vehicles, catering to busy individuals or those with limited time. Drive-thrus offer flexibility for businesses to pivot their operations in response to changing market conditions or consumer preferences, such as offering curbside pickup or mobile ordering.
• RECENT RENOVATIONS - Owner recently invested nearly $50,000 into a new HVAC system for the property, providing a new owner peace of mind for the next several years.
• NEW CITY DEVELOPMENTS - Les Schwab Tire Centers began construction on a new site in June, less than a mile away from the subject property. The company offers products and services for tires, brakes, wheels, alignment, batteries, shocks and struts. In addition, Marshall will soon house a new, 500,000-square-foot biomanufacturing facility as part of a partnership between two climate technology and sustainable solutions companies. The project’s initial phase should create at least 40 permanent jobs, in addition to 100 temporary construction jobs, according to Solugen and ADM. Construction is expected to be completed by 2025.

Description

Prime Net Lease is pleased to present a prospecting Buyer the opportunity to own a ±4,014 SF, former KFC | A&W Drive Thru Restaurant located in Marshall, Minnesota. The site is currently operating as a D's Thai Restaurant.

This former KFC | A&W Restaurant is located at the intersection of U.S Route 59 and Highway 23 in Marshall, Minnesota surrounded by several major national tenants. This site is located right next to Culver's on an outparcel of the original Runnings store, Harbor Freight and Walmart. “Red” Running opened the first store in downtown Marshall in 1947. Walmart is right up the street along with several other national retailers nearby including McDonald's, Jimmy John's, Arby's, Dairy Queen, Applebee's, Caribou Coffee, Starbucks, Casey's, Dollar Tree, Hobby Lobby, Sears, and many others. Marshall is a regional center in southwest Minnesota, and the county seat of Lyon County.

Marshall is the heart of Southwest Minnesota. Serving as a regional hub, Marshall supports the region's workforce, employment base, healthcare, education, retail, and hospitality needs. The community is for those who want to not only want to see the horizon but want to help shape it. Everyone who lives, works, and visits Marshall appreciates the big city amenities that can be found within the micropolitan. Marshall's infrastructure consists of multiple highways, a regional airport and railway. This contributes to Marshall's increase in daytime population, reaching approximately 25,000. Marshall has 14,000+ residents living within 5 miles of the location with an average household income of $91,077 making it a perfect area for this redevelopment opportunity.

Marshall is a city in Lyon County, Minnesota. Marshall is a regional center in southwest Minnesota, and the county seat of Lyon County. U.S. Route 59 and Minnesota State Highways 19, 23, and 68 are four of the main routes in the city. The city is 150 km (93 mi) northeast of Sioux Falls, South Dakota and 238 km (148 mi) southwest of Minneapolis. The City of Marshall, selected as one of “The Best Small Towns in America” in 1993, 1995 and 2002, stands out as one of the most vibrant and progressive cities in southwestern Minnesota. As a leader in industry, education, and technology, Marshall enjoys a regional reputation for economic vitality.

Marshall is the headquarters of the Schwan Food Company and the home of Southwest Minnesota State University. 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. 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 is also known for its frozen desserts and premium ice cream manufacturing and distribution. Schwans employs approximately 1,500 people in Marshall. A large corn wet-milling facility operated by Archer Daniels Midland Company is located in Marshall. This was formerly run by a farmer's cooperative, Minnesota Corn Processors, but it merged with ADM in 2002. The plant employs 250 people. Runnings Farm and Fleet is a regional retail chain with headquarters in Marshall. Other major employers in the city are US Bancorp, Affiliated Community Medical Centers (ACMC), Avera Marshall Regional Medical Center, Hy-Vee, Shopko, Runnings Farm and Fleet, Menards, Walmart Supercenter, Southwest Minnesota State University, Turkey Valley Farms, and Marshall Public Schools. Southwest Minnesota State University is a public, four year liberal arts and professional studies institution. It has an enrollment of approximately 2,250 full-time students.

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