1100 E Franklin Ave Minneapolis, MN
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NNN leased Chase Bank with strong demographics near downtown Minneapolis.
Type:RETAIL
Property size:
3,000 SFLot size:
0.17 AcresPrice / SF:
$533/SF- Added:
- May 15, 2025
- Days on Market:
- 351
- Last Refresh:
- Apr 5 at 8:37 pm
Property Features for 1100 E Franklin Ave
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.17 Acres
- Property subtype
- RETAIL
Listing agent Deborah Vannelli License #MN 20103724 (612) 376-4475
Listing office Upland Real Estate Group, Inc (612) 376-4475
Listing date May 15, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Upland Real Estate Group, Inc
Overview
Chase Bank Investment Opportunity
This property is a Chase Bank branch with just under 10 years remaining on its original lease. The lease includes 10% increases every 5 years. JPMorgan Chase Bank has an S&P Rating of AA- and operates over 4,700 branch locations with 15,000 ATMs. As of June 30, 2024, the bank deposits totaled $25.4 million. The property is situated near a new 30,000 square foot clinic offering medical, dental, and behavioral health services, as well as an 83-unit apartment building. The location benefits from high traffic volume, with upwards of 183,000 vehicles per day on nearby Interstates and Highways. The surrounding area has excellent demographics, including a 5-mile population of 515,581 and an average household income of $117,871. Downtown Minneapolis, with its entertainment, dining, and cultural experiences, including museums, theaters, and sports venues, is a short distance away. The property size is 3,000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chase Bank
Bank
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.2937
- Latitude
- 44.9631
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - NNN leased Chase Bank with strong demographics near downtown Minneapolis.
Where is this bank located?
The property is located at 1100 E Franklin Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Chase Bank lease with just under 10 years remaining and 10% increases every 5 years.; JPMorgan Chase Bank 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.
