HIGHLIGHTS
- Strong Corporate Tenant: BMO, headquartered in Chicago, operates over 1,000 U.S. branches and 40,000+ ATMs nationwide.
- Legacy Asset Advantage: BMO Bank is a rare legacy asset featuring a large lot and grandfathered drive-thru facility.
- Premier Location: Strategically positioned in Highland Park, one of St. Paul's most desirable neighborhoods.
- Education Hub: Located within blocks of prestigious higher educational institutions including St. Catherine University & University of St. Thomas.
- Strong Demographics: Serves a robust 5-mile population of 369,878 residents with an average household income of $155,521 within a 1-mile radius.
- High-Traffic Corridors: Prime exposure on two major arterials—Highway 51 (20,975 vehicles per day) and Randolph Avenue (11,100 vehicles per day).
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/SF
$581 USD /SF
CAP RATE
7.23%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BMO Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
21
LAND DETAILS
LAND ACRES
0.79 AC
LAND SF
34,412 SF
ZONING
-
APN/PARCEL ID
10-28-23-32-0177
ASK ABOUT THIS PROPERTY
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612-332-6600
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612-332-6600
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