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Single-Tenant Bank Building
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3376 Northern Valley Pl NE, Rochester, MN 55906

Single-tenant bank building leased to US Bank on NNN terms.

Property Size2,970 SF
Price / SF$866.19
Days on Market460

Property Features for 3376 Northern Valley Pl NE

General Information

Standard status Active
Size 2,970 SF
Property subtype RETAIL

Building Details

Tenancy Single
Listing Agency: Upland Real Estate Group, Inc
Listed By: Keith A Sturm · License #20103724
Source: Moodyscre
Added: May 14, 2025 Changed: Aug 12 Last Checked: Aug 12 at 8:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Upland Real Estate Group, Inc

Investment Insights

Based on property information with market context.

This single-tenant bank building is leased to US Bank on an NNN lease with 6 years, 9 months remaining and 3% annual increases. The property size is 2,970 SF and is being marketed as a credit-tenant opportunity with US Bank rated A by S&P.

The location is along East Circle Drive, where traffic counts average 18,000 vehicles per day, with additional access near North Broadway Avenue with traffic counts averaging 11,700 vehicles per day. The surrounding area includes a 5-mile population of 111,884.

US Bank operates 2,000+ locations across 26 states, primarily in the Midwest and West. Nearby retail and service tenants include Hy-Vee, O’Reilly Auto Parts, o2B kids, Tommy’s Express Car Wash, Target, Hobby Lobby, and Ashley Homestore.

Key Highlights

  • US Bank on an NNN lease with 6 years, 9 months remaining and 3% annual increases
  • 2,970 SF single‑tenant bank building
  • S&P A‑rated tenant; US Bank operates 2,000+ locations across 26 states

Property Analytics

Current Use

U.S. Bank-Mortgage Loan ... Loan Service US Bank Mortgage Loan Service U.S. Bank Branch Bank U.S. Bank ATM Atm US BANK PARKING ... Parking Lot & Garage

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Nail Salon HVAC Service Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 94% Dining 6%
Kwik Trip Shops & Services
29,440 visits/mo 0.4 miles
SUBWAY Dining
2,088 visits/mo 0.3 miles
U.S. Bank Shops & Services
2,036 visits/mo 0.1 miles
Caliber Collision Shops & Services
697 visits/mo 0.4 miles
ABRA Auto Body Shops & Services
473 visits/mo 0.5 miles

Demographics for 55906, MN

19,559
Population
8,798
Households
2.2
Avg Household Size
41
Median Age
53%
College-Educated
95%
High-School Grad
61.5 sq mi
ZIP Area
318
Density / Sq Mi
$104,146
Median Household Income
$54,380
Median Earnings
$1,152
Median Rent
$350,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Single-tenant bank building leased to US Bank on NNN terms.
Where is this bank located?
The property is located at 3376 Northern Valley Pl NE Rochester, MN.
What is the asking price?
The asking price for this property is $2,572,592.
What are key features of this property?
This property features: US Bank on an NNN lease with 6 years, 9 months remaining and 3% annual increases; 2,970 SF single‑tenant bank building; S&P A‑rated tenant; US Bank operates 2,000+ locations across 26 states
(612) 376-4488 Call to check price and availability
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