For Sale
$740,000

1611 Halbur Rd Marshall, MN 56258

High-return investment, long-term lease.

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a 450 sq ft commercial building situated on a 2.06-acre lot at 1611 Halbur Road, Marshall, MN. Currently leased to Spee-Dee Delivery Services, Inc., under a lease extending through December 2030, this property offers significant long-term stability. The tenant, operating successfully since 1992, demonstrates a strong commitment to the location. Strategically located just north of downtown Marshall, within the city's industrial corridor, the property benefits from proximity to numerous industrial businesses. The building features 10 grade-level doors and 2 dock-high doors, providing excellent access and functionality. The lease agreement designates the landlord responsible for roof maintenance, structural repairs, building insurance, and the first $6,000 of real estate taxes. The tenant assumes responsibility for utilities, all interior building maintenance, snow removal, all common area maintenance (CAM) charges, and any real estate taxes exceeding $6,000. This property offers a compelling combination of secure income, a prime location, and a long-term lease, making it an ideal addition to any investment portfolio. The property's strong tenant history and favorable lease terms contribute to its exceptional value. This is a rare opportunity to acquire a stable, income-producing asset in a thriving industrial area.

Property Details for 1611 Halbur Rd

Property type
Investment properties
Square Feet
450 SF
Year Built
1992
Lot Size (sq. ft)
89,734 SF

Location Insight

City
Marshall
County
Lyon
State
Minnesota
Latitude
44.47033
Longitude
-95.80087

FAQs

What type of property is this?
Investment property - High-return investment, long-term lease.
Where is the investment property located?
The property is located at 1611 Halbur Rd Marshall, MN.
What is the asking price?
The asking price for this property is $740,000.
How can I contact the broker?
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1611 Halbur Rd
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