Bank For Sale • 3,000 SF
| Chase Bank has 10 years remaining on its original lease with 10% increases every 5 years. |
| JPMorgan Chase Bank has an S&P Rating of AA- with over 4,700 branch locations and 15,000 ATMs. |
| Bank Deposits of $25.4 Million as of 6/30/2024. |
| Located near many Interstates and Highways seeing upwards of 183,000 vehicles per day. |
| Excellent demographics with a 5-mile population of 515,581 and an average household income of $117,871. |
| Just a short distance away from downtown Minneapolis. |
| Cap Rate: | 5.50 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Chase Bank | 3/31/2035 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Target Field Station (Northstar Corridor - Northstar Commuter Rail) | 8 min | - | 2.2 mi |
| 16 min | - | 9.5 mi | |
| Transit/Subway | Drive | Walk | Distance |
| Franklin Avenue Station (Hiawatha Line - Minneapolis-Saint Paul Metro Transit Light Rail) | 1 min | 11 min | 0.5 mi |
| Cedar/Riverside Station (Hiawatha Line - Minneapolis-Saint Paul Metro Transit Light Rail) | 4 min | 19 min | 1.0 mi |
| Downtown East/Metrodome Station (Hiawatha Line - Minneapolis-Saint Paul Metro Transit Light Rail) | 3 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Minneapolis-St Paul International/Wold-Chamberlain | 20 min | - | 9.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | Surface |
| Included in Rent: | Yes |