925 Cty Rd 42 W Burnsville, MN
Drive-thru ground lease with strong demographics and high visibility.
Property size:
4,489 SFLot size:
35.63 AcresProperty Features for 925 Cty Rd 42 W
General Information
- Size
- 4,489 SF
- Lot size
- 35.63 Acres
Source:
Moodyscre
Listing Agent: Deborah Vannelli
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Wells Fargo Ground Lease Opportunity
This Wells Fargo drive-thru ground lease is situated on an outparcel to the Burnsville Center, a 1,100,100 square-foot destination anchored by Macy’s, JCPenney, and Dick’s Sporting Goods. The location benefits from excellent visibility on County Road 42 West, which sees an average of over 49,000 vehicles per day. The property is supported by strong demographics, including an average household income of $127,855 and a population of 183,552 within a 5-mile radius. Bank Deposits as of June 30, 2023 are $246 million at this location. Burnsville is located 15 miles south of downtown Minneapolis and is the ninth-largest suburb in the metro area. Nearby tenants include Target, Costco, Total Wine, Ulta, Chipotle, Walgreens, Cub Foods, and At Home. Wells Fargo has over 5,500 locations in 33 states with an S&P rating of BBB+ and year end 2023 revenues of $73.8 billion. The property size is 4,489 square feet.
Location Intelligence
Current Use by Public Records
Banks
Map
- City
- Burnsville
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.2935778
- Latitude
- 44.7329713
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - Drive-thru ground lease with strong demographics and high visibility.
Where is this bank located?
The property is located at 925 Cty Rd 42 W Burnsville, MN.
What is the asking price?
The asking price for this property is $2,421,000.
What are key features of this property?
This property features: - High traffic location: Excellent visibility with over 49,000 vehicles per day.; - Strong demographics: $127,855 average household income within a 5-mile radius.; - Prime location: Outparcel to the Burnsville Center, a 1,100,100 square-foot destination.