3376 Northern Valley Pl NE Rochester, MN 55906

The property is a US Bank location in Rochester, Minnesota, operating under a NNN lease with 7 years and 3 months remaining and 3% annual increases. US Bank has an S&P Rating of A and operates over 2,000 locations across 26 states, primarily in the Midwest and West, with revenues of $27.5 Billion. The location benefits from high deposits of $95.2 million. Rochester is home to Mayo Clinic, a top-ranked hospital that cares for approximately 1.4 million patients annually. 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. Destination Medical Center, a 20-year, $5.6 billion economic development initiative, aims to position Minnesota as a global center for high-quality medical care. The US Bank is situated along East Circle Drive, with average daily traffic of 18,000 vehicles, and near North Broadway Avenue, with average daily traffic of 11,700 vehicles. The property is within a 5-mile radius of a population of 111,001, and the average household income within a 1-mile radius is $171,287. Nearby tenants include Hy-Vee, O’Reilly Auto Parts, o2B kids, Tommy’s Express Car Wash, Target, Hobby Lobby, and Ashley Homestore. The property size is 2,970 square feet.