$1,760,000 USD
612-332-6600
1100 Franklin Ave E
Minneapolis, MN 55404
Ventura Village
HIGHLIGHTS
- 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.
FOR SALE DETAILS
PRICE
$1,760,000 USD
PRICE/SF
$587 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chase Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1918
SPRINKLERS
-
PARKING SPACES
8
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,405 SF
ZONING
C2
APN/PARCEL ID
26-029-24-34-0155
ASK ABOUT THIS PROPERTY
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612-332-6600
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612-332-6600
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