Caribou Coffee is strategically situated along E. College Drive, which sees a daily traffic count of approximately 11,100 vehicles. The subject property enjoys direct access to State Highway 23 and U.S. Highway 59, making it easily accessible for commuters. With excellent visibility and multiple points of ingress/egress, the site is well-suited for attracting customers. The surrounding area is...
Caribou Coffee is strategically situated along E. College Drive, which sees a daily traffic count of approximately 11,100 vehicles. The subject property enjoys direct access to State Highway 23 and U.S. Highway 59, making it easily accessible for commuters. With excellent visibility and multiple points of ingress/egress, the site is well-suited for attracting customers. The surrounding area is populated with various single-family communities and multi-family complexes, such as Wedgewood, Marshall Square, and Sunrise Court, providing a direct residential consumer base. Additionally, Caribou Coffee is located within a dense retail corridor, alongside national tenants like Ashley Furniture, McDonald’s, ALDI, O’Reilly Auto Parts, Hobby Lobby, and Hy-Vee, among others. This strong tenant synergy enhances consumer draw to the immediate trade area and promotes exposure to a wide range of potential customers. Furthermore, the property benefits from direct access to Avera Marshall Regional Medical Center and is conveniently located across from Southwest Minnesota State University. The 5-mile trade area is supported by a population of 14,552 residents earning an annual average household income of $81,267. Marshall, located in Lyon County, Minnesota, has a population of 13,497 as of July 1, 2022. It serves as a regional center in the southwest region of the state and acts as the county seat of Lyon County. Notably, Marshall is home to the headquarters of the Schwan Food Company and Southwest Minnesota State University. Known as the heart of Southwest Minnesota, Marshall plays a vital role as a regional hub, supporting various aspects of the region's workforce, employment base, healthcare, education, retail, and hospitality needs. Marshall is located approximately 150 miles southwest of Minneapolis, Minnesota.