925 County Road 42 W - Bank FOR SALE
Burnsville, MN 55306 |
$2,421,000 USD
612-332-6600
925 County Road 42 W
Burnsville, MN 55306
HIGHLIGHTS
- Wells Fargo has 7,200+ locations in 37 states with an S&P rating of BBB+ and year end 2021 revenues of $78.4 billion.
- Bank Deposits as of June 30, 2023 are $246 million at this location.
- This Wells Fargo Drive Thru Ground Lease is located on an out parcel to the Burnsville Center, a 1,100,100 square-foot destination.
- This Wells Fargo Drive Thru Ground Lease has excellent visibility from County Road 42 West which averages over 49,000 vehicles per day.
- Strong demographics with an average household income of $128,626 and population of 170,781 within a 5-mile radius.
- Burnsville is 15 miles south of downtown Minneapolis and the ninth largest suburb in the metro area.
FOR SALE DETAILS
PRICE
$2,421,000 USD
PRICE/SF
$539 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wells Fargo Drive Thru Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
19
LAND DETAILS
LAND ACRES
0.36 AC
LAND SF
15,682 SF
ZONING
Commercial
APN/PARCEL ID
02-15380-01-091
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612-332-6600
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612-332-6600
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