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Investment Details
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US BANK
Rochester |
Minnesota
Highlights
• US Bank is on a NNN lease with 7 ½ + years remaining and 3% annual increases. • High deposits of $95 million at this location. • US Bank has an S&P Rating of A, operates 2,000+ locations across 26 states, primarily in the Midwest and West with revenues of $27.5 Billion. • US Bank is located in Rochester, Minnesota. Rochester is home to Mayo Clinic, a top-ranked hospital in the nation. The clinic cares for approximately 1.4 million patients from around the world each year. • 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. • With Mayo Clinic at its heart, Destination Medical Center, is a robust 20-year, $5.6 billion economic development initiative designed to position Minnesota as a global center for the highest quality medical care. • US Bank is located along East Circle Drive where traffic counts average 18,000 vehicles per day and near North Broadway Avenue where traffic counts average 11,700 vehicles. • 5-mile population of 111,107 and average household income of $151,583 within a 1-mile radius. • Nearby tenants include Hy-Vee, O’Reilly Auto Parts, o2B kids, Tommy’s Express Car Wash, Target, Hobby Lobby, Ashley Homestore, and more. • 5-mile population of 111,107 and average household income of $151,583 within a 1-mile radius. • US Bank is located along East Circle Drive where traffic counts average 18,000 vehicles per day and
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US BANK
Rochester |
Minnesota
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Highlights
• US Bank is on a NNN lease with 7 ½ + years remaining and 3% annual increases. • High deposits of $95 million at this location. • US Bank has an S&P Rating of A, operates 2,000+ locations across 26 states, primarily in the Midwest and West with revenues of $27.5 Billion. • US Bank is located in Rochester, Minnesota. Rochester is home to Mayo Clinic, a top-ranked hospital in the nation. The clinic cares for approximately 1.4 million patients from around the world each year. • 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. • With Mayo Clinic at its heart, Destination Medical Center, is a robust 20-year, $5.6 billion economic development initiative designed to position Minnesota as a global center for the highest quality medical care. • US Bank is located along East Circle Drive where traffic counts average 18,000 vehicles per day and near North Broadway Avenue where traffic counts average 11,700 vehicles. • 5-mile population of 111,107 and average household income of $151,583 within a 1-mile radius. • Nearby tenants include Hy-Vee, O’Reilly Auto Parts, o2B kids, Tommy’s Express Car Wash, Target, Hobby Lobby, Ashley Homestore, and more.
• 5-mile population of 111,107 and average household income of $151,583 within a 1-mile radius.
Investment Details
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