US Bank - Rochester, MN
3376 Northern Valley Place NE, Rochester, Minnesota 55906
$2,572,592
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
2,970 sqft
Land Size
1.46 acres
Zoning
-
Year Built
1998
Property Description
- • US Bank is on a NNN lease with 6 years, 3 months remaining and 3% annual increases.
• High deposits of $101.2 million at this location. - US Bank has an S&P Rating of A, operates 2,800+ locations across 26 states, primarily in the Midwest and West with revenues of $28.7 Billion.
- US Bank is located in Rochester, Minnesota. Rochester is home to Mayo Clinic, a top-ranked hospital in the nation. The clinic cares for approximately 1.4 million patients from around the world each year.
- The Mayo Clinic St. Mary’s Campus has 1,265 Beds with 64 operating rooms, while the Methodist Campus has 794 Beds with 51 operating rooms.
- With Mayo Clinic at its heart, Destination Medical Center, is a robust 20-year, $5.6 billion economic development initiative designed to position Minnesota as a global center for the highest quality medical care.
- US Bank is located along East Circle Drive where traffic counts average 18,000 vehicles per day and near North Broadway Avenue where traffic counts average 11,700 vehicles.
- 5-mile population of 111,884 and average household income of $176,910 within a 1-mile radius.
- Nearby tenants include Hy-Vee, O’Reilly Auto Parts, o2B kids, Tommy’s Express Car Wash, Target, Hobby Lobby, Ashley Homestore, and more.
