I work in a 730 flow, ULV store. As a SrTL - Repl, I can give you some insight in what you can expect.
First, the entire tone of your store depends on your STL. There are two types. The first is the "drink-the-kool-aid" super bubbly, rarely genuine, take-everything-target-says-as-gospel type. If you get this type of STL, generally they are one assignment STL's, have no understanding of any of the processes in the store, and as a result make uninformed decisions. Usually they are not willing to see outside opinions, and will force you to adhere to best practice, even when it clearly is not the right choice for your store.
Second, you have a tenured STL who may not have perfect metrics, but understands process and understands how to move payroll around depending on the needs of the business. This type of STL generally doesn't make golden contribution, but has their ear close to the ground and really understands the heartbeat of the team. These types of STL's are more enjoyable to work for, and over time, have far greater success.
STL option 2 will give you greater work life balance in a ULV store, here's why.
You will have a limited number of key carriers. 6 at the most, unless your APTL is a key carrier, but that's rare. When they tell you ETL-HL, more than likely you will be ETL-GESF. You will have the entire front of the store, all of the sales floor, and the grocery section under you. You are alloted one team lead for the sales floor, and one team lead for the front.
If you get logistics, you will have Flow, Backroom, Instocks, Pricing, Presentation, and Recv/Rev Log. You are alloted two team leads for this, one for Price/Pres, one for the rest.
Both jobs are very hands on, especially logistics. Expect to be on the floor with your team slinging freight, setting salesplanners, zoning, doing reshop. If you do not, you will not be complete. There simply are not enough payroll hours to get all of the work done anymore.
If you want my honest opinion, you should stay away from an ETL slot. The only reason I am still with Spot, is after a decade I make very good money as a Sr-TL, and because spot is never willing to offer overtime anymore, I rarely pull more than 40 hours a week. Target as a company has become a shell of what it used to be. Recruiters talk a big game, but go spend some time in stores and ask some team members how they feel. Morale is down, payroll is maybe 60% of what it used to be 5 years ago, and more importantly the quality, and expectation of leadership has changed drastically.
Target used to be a place where you could mentor and develop an individual into a real leader. I mean taking months, side by side, explaining why's and how's, merchandising skills, leadership. How to identify strengths in individuals, how to build opportunities. Now Target is looking for bosses. People who can sit in an office, read metrics, and issue write ups until an employee improves out of fear, quits, or gets fired. Development at Target now is simply telling someone "here's some responsibility, go do it." It's all over these forums, just do a search for "development."
TLDR; It's not worth it. If you have good work life balance, your process will probably suffer because you aren't there to carry it. If you carry your process, you have terrible work/life balance. It's lose lose. Find a different opportunity.