318 SW Second St | Willmar, MN 56201
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- LoopNet Team
318 SW Second St
Willmar, MN 56201
Retail Property For Sale
Investment Highlights
- The investment features an absolute NNN lease with U.S Bank National Association, leaving no responsibilities for the Landlord
- U.S. Bancorp, the parent company of U.S. Bank, is based in downtown Minneapolis and has approximately 77,000 employees and $675 billion in assets
- The site, which features a drive-thru, is the only U.S. Bank location in all of Willmar
- The property is located in Willmar, Minnesota, which has a population of over 20,000 and is just outside the Minneapolis-Saint Paul MSA
- From 2021 to 2022, this branch experienced an impressive 34% growth in the deposits
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,700 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.70 AC
Parking
5.5 Spaces per 1,000 SF Leased
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $350,100 | |
| Land Assessment | $156,000 | Total Assessment | $506,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$156,000
Improvements Assessment
$350,100
Total Assessment
$506,100
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