Vacant QSR - Former Taco John's

Highlights:

• HIGH TRAFFIC COUNTS - Strategically located along a bustling major thoroughfare with excellent visibility and access, the site benefits from exposure to over 8,000+ vehicles per day. Less than 2 miles away, U.S. Route 59, which serves over 10,516 vehicles daily, and Highway 23, with 9,723 vehicles per day, intersect. Highway 23 is Minnesota’s second-longest state route, spanning from the southwest to the northeast, indirectly connecting key areas such as Duluth and Sioux Falls, SD, and serving regional hubs including St. Cloud, Willmar, and Marshall. This prime location ensures a steady flow of commuter and local traffic, enhancing the property’s visibility.
• NEIGHBORING NATIONAL TENANTS - This property is positioned in a prime retail corridor surrounded by well-established national tenants. Located near major retailers such as Walmart, Menards, and Runnings, the site is also in proximity to popular dining options including McDonald's, Taco Bell, Subway, and Dairy Queen. Other notable neighbors include Starbucks, Caribou Coffee, Domino's Pizza, Hardee's, and Culver's. This thriving commercial area ensures strong foot traffic and visibility, making it an ideal location for any business.
• UNIVERSITY 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 site is right next to SMSU with a 2,800+ student population. SMSU continues to be the fastest-growing in the Minnesota State system. The city is 150 km (93 mi) northeast of Sioux Falls, South Dakota, and 238 km (148 mi) southwest of Minneapolis.
• 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.
• 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 ±1,150 SF, former Taco John's located in Marshall, Minnesota.

This former Taco John's is located in Marshall, Minnesota surrounded by several major national tenants. This site is located right across the street from Burger King and other nearby tenants include McDonald's, Jimmy John's, Arby's, Dairy Queen, Applebee's, Caribou Coffee, Starbucks, Casey's, Dollar Tree, Hobby Lobby, Sears, Walmart, and many others. Marshall is a regional center in southwest Minnesota, and the county seat of Lyon County. Marshall is the headquarters of the Schwan Food Company and the home of Southwest Minnesota State University (SMSU). Schwan's Company is one of the country's largest frozen-food companies. It is a $3 billion organization and Minnesota's third-largest privately held corporation, after Cargill and Carlson. It is also known for its frozen desserts and ice-cream manufacturing and distribution. Schwan employs about 1,500 people in Marshall. Marshall is also the site of Exelon Wind's Marshall Wind Project. SMSU is a four-year public university offering a high-quality education in the liberal arts and professions to prepare students for a life that is successful both personally and professionally. The university is located right next to this former Taco John's with a Spring 2025 student enrollment of 2,800. Avera Marshall Regional Medical Center is also nearby whose facilities include a 76-bed long-term care facility, Avera Cancer Institute, emergency center, specialty physician clinics, imaging center and outpatient services center, all at the same convenient location.

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 $73,790 making it a perfect area for this redevelopment opportunity.

Marshall, MN – A Regional Hub in Southwestern Minnesota

Marshall, Minnesota, serves as a key economic and cultural center in the southwestern part of the state. Known for its strong agricultural roots, growing industrial base, and community-focused development, Marshall offers a stable environment for both residents and businesses. Its regional influence, combined with affordable living and strategic positioning, makes it a vital hub for commerce, education, and healthcare.

Prime Location & Regional Connectivity
Situated along U.S. Highways 59 and 23, Marshall is well-connected to surrounding towns and larger metro areas, including Sioux Falls, SD and Minneapolis-St. Paul. The city’s access to regional transportation corridors supports local manufacturing, agricultural processing, and retail industries, while providing efficient connectivity for workforce commuting and freight logistics.

Educated Workforce & Institutional Presence
Marshall is home to Southwest Minnesota State University (SMSU), a key driver of the area’s talent pipeline. The presence of SMSU brings a steady flow of educated graduates, cultural programming, and research partnerships to the local economy. The town’s labor force is supported by both academic institutions and a range of vocational and technical training programs throughout the region.

Economic Diversity & Business Climate
Marshall’s economy is bolstered by a mix of agriculture, food processing, manufacturing, and retail. Major employers include Schwan’s Company (headquartered in Marshall), Archer Daniels Midland (ADM), and Avera Health. This diverse economic base has helped sustain job growth and reduce dependency on any single industry. Local government and economic development groups actively support business expansion and entrepreneurship with favorable tax policies and infrastructure investment.

Retail & Residential Growth
With a trade area population that extends well beyond city limits, Marshall serves as a retail and service center for neighboring rural communities. Continued residential development, combined with its growing healthcare and education sectors, has created strong demand for retail, dining, and professional services. New commercial developments and redevelopments are revitalizing key corridors and creating additional opportunities for national and regional tenants.

Conclusion
Marshall stands out as a vibrant, self-sustaining community with a solid economic foundation, educational resources, and strong regional connectivity. Its blend of affordability, workforce quality, and expanding infrastructure positions it as a compelling market for investors, developers, and growing businesses seeking long-term stability and growth.

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