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    925 Cty Rd 42 W Burnsville, MN

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    Drive-thru ground lease with strong demographics and high visibility.

    Type:RETAIL
    Property size:
    4,489 SF
    Lot size:
    35.63 Acres
    Price / SF:
    $539/SF
    Added:
    Jun 1, 2022
    Days on Market:
    1428
    Last Refresh:
    Apr 5 at 8:41 pm

    Property Features for 925 Cty Rd 42 W

    General Information

    Standard status
    Active
    Size
    4,489 SF
    Lot size
    35.63 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Deborah Vannelli
    Deborah Vannelli

    Listing agent Deborah Vannelli License #MN 20103724

    Listing office Upland Real Estate Group, Inc

    Listing date Jun 1, 2022

    Source Moodyscre

    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


    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
    -93.2936
    Latitude
    44.733

    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.
    (612) 376-4475 Call to check price and availability
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