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1001 Hwy 23 Byp N - Former Kmart <br />Marshall, MN 56258 <br />Sale on 2/28/2017 for $1,850,000 ($19.54/SF) - Research Complete <br />94,688 SF Retail Department Store Building Built in 1990 <br />SOLD <br />6 <br />Buyer & Seller Contact Info <br />Recorded Buyer:Recorded Seller:K-Mart CorpFurn USA MN - Marshall, LLC. <br />True Buyer:True Seller:Sears Holding Corporation <br />3333 Beverly Rd <br />Hoffman Estates, IL 60192 <br />(847) 286-2500 <br />Furniture Outlets USA <br />140 E Hinks Ln <br />Sioux Falls, SD 57104 <br />(605) 336-5000 <br />Buyer Type:Seller Type:Corporate/UserCorporate/User <br />Listing Broker:NAI Sioux Falls Commercial <br />Ryan Ammann <br />(605) 444-7131 <br />Sale Date: <br />Price/SF: <br />Sale Price: <br />$19.54 <br />$1,850,000-Confirmed <br />02/28/2017 (307 days on market) <br />Bldg Type: <br />Land Area: <br />Sale Conditions: <br />Year Built/Age: <br />GLA: <br />Retail - Department Store <br />Built in 1990 Age: 27 <br />94,688 SF <br />11.49 AC (500,513 SF) <br />Deferred Maintenance, <br />Redevelopment Project <br />Percent Leased:- <br />Transaction Details <br />Asking Price:$1,975,000 <br />Price/AC Land Gross:$161,006.77 <br />Total Value Assessed: <br />Improved Value Assessed <br />Land Value Assessed: <br />$2,565,200 in 2015 <br />$1,839,000 <br />$726,200 <br />Percent Improved:71.7% <br />Land Assessed/AC:$63,201 <br />Owner UserSale Type: <br />ID: 3852083 <br />- <br />Spacer <br />Tenancy:Single <br />Escrow Length:75 days <br />Parcel No:27-529006-0 <br />No. of Tenants:1 <br />Legal Desc:Parcel 1: All of Lot Five and that part of Lots Four and Six and that part of vacated Sherman Avenue all in <br />McFarland Third Addition in the City of Marshall, as filed and recorded in the office of the County Recorder <br />in and for Lyon County, Minnesota, des <br />Spacer <br />Tenants at time of sale:Furniture USA <br />Copyrighted report licensed to International Appraisal Company - 691368. <br />Page 15