20191 Iberia Ave
Lakeville, MN 55044
U.S. Bank · Retail Property For Sale

This U.S. Bank is located at the northeast corner of Iberia Avenue and Dakota County 50 in Lakeville, Minnesota. Traffic counts in front of the property on Dakota County 50 average 14,000 vehicles daily. This property is two and a half miles east of Interstate 35, the main north-south highway in the state, where traffic counts average over 70,000 vehicles daily. U.S. Bank is adjacent to a retail shopping center with Cub Foods, Minnesota School of Beauty, Papa Murphy’s, BeYOUtiful Sol Spa, Lakeville Municipal Liquors, Teresa’s Mexican , Subway, Ulitmate Martial Arts, Lake Marion Collision Center, and WaterWerks Care Wash. Other area properties include McDonald’s, Kwik Trip, SuperAmerica, Old National Bank, New Horizon Academy, and the Heritage Library. U.S. Bank is one mile south of Lakeville North High School, and less than a mile from historic Downtown Lakeville with Babe’s Music Bar, Lakeville Brewing Company, the USPS office, Mainstreet Coffee and Wine Bar, Ace Hardware, and many more. Lakeville, Minnesota, is a southern suburb of the Twin Cities metropolitan area. Lakeville is one of the fastest growing suburbs in the metropolitan area with a population of 60,000. As its name implies, Lakeville contains several lakes, ponds, and wetlands, creating a beautiful landscape with many recreational opportunities. Many area residents commute to work in downtown Minneapolis or St. Paul, which are 20 miles north. Lakeville is known as a suburb where nature meets the city, and it has dozens of parks and beaches, as well as many miles of trails for biking and walking. There are four champion golf courses and six more within a 20 minute drive. Airlake Industrial Park, developed by Maynard Johnson with colleagues at Bloomington-based Hitchcock Industries, is home to as many as 200 companies and an estimated 4,500 employees. The 1,500-acre park, one of the state's largest contiguous industrial parks, has attracted companies ranging from start-ups to large corporations The Minneapolis-St. Paul MSA is the 16th-largest metropolitan area in the US, with approximately 3.4 million residents. The metro area is home to 19 Fortune 500 companies, including United Health Group, Target, 3M, General Mills, Best Buy, Supervalu, Land O’ Lakes, U.S. Bancorp, Xcel Energy, Ameriprise Financial, Thrivent Financial for Lutherans, and many more. There are also many large private companies, including Cargill and Schwan Foods. Minneapolis and St. Paul are home to many professional sports teams, which draw fans from across the region, including the NFL’s Minnesota Vikings who play at the newly-built US Bank Stadium. Other major draws to the area include the Science Museum of Minnesota, the Mall of America, Minneapolis-St. Paul International Airport, and Valley Fair, all of which are within a half hour of Lakeville. The metro area is also home to many institutions of higher education, most notably the University of Minnesota, which has a current enrollment over 51,000 students, making it the 6th largest university in the nation.