Bank For Sale • 4,100 SF
| Bank of America boasts an A- (S&P) credit rating, securing the investment for decades to come |
| Bank of America signed a 15 year lease with 13 years remaining and options that continue for 25 years after the initial term expires |
| The lease features 10% rent bumps every 5 years which continue through the option periods |
| The investment features a ground lease structure, leaving the Landlord with almost no responsibilities |
| The property is located in a dense retail corridor featuring national giants such as Walmart, ALDI, Dick's Sporting Goods, Best Buy, and more |
| Within a five-mile radius, the area contains over 315,000 residents and the average household income is $105,000, projected to grow nearly 2% per year |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Target Field Station (Northstar Corridor - Northstar Commuter Rail) | 15 min | - | 8.2 mi |
| Fridley Station (Northstar Corridor - Northstar Commuter Rail) | 13 min | - | 9.4 mi |
| Airport | Drive | Walk | Distance |
| Minneapolis-St Paul International/Wold-Chamberlain | 25 min | - | 12.6 mi |