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Chase Bank 1100 Franklin Ave E 3,000 SF 100% Leased Retail Building Minneapolis, MN 55404 $2,242,576 CAD ($747.53 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Chase Bank has 9 years remaining on its original lease with 10% increases every 5 years.
- Bank Deposits of $31.1 Million as of 6/30/2025.
- Excellent demographics with a 5-mile population of 521,389 and an average household income of $123,615
- JPMorgan Chase Bank has an S&P Rating of AA- with over 4,700 branch locations and 15,000 ATMs.
- Located near many Interstates and Highways seeing upwards of 183,000 vehicles per day.
- Just a short distance away from downtown Minneapolis.
Executive Summary
Tenant shall take good care of interior and exterior premises and perform all necessary maintenance, repairs, and replacements. (See Lease.)
Bank deposits of $31.1 Million as of 6/30/2025.
7 Parking Stalls
Property Facts
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- -
- $37.37 CAD
- Triple Net
- Mar 2035
Chase traces its roots to the late 1700s through the Bank of the Manhattan Company, and the Chase name later grew through the 1877 founding of Chase National Bank and the 1955 merger that formed Chase Manhattan Bank. The modern business sits within JPMorganChase, which formed in 2000 from the merger of J.P. Morgan & Co. and Chase Manhattan Company. Chase offers personal and business banking, credit cards, home loans, auto financing, investing, retirement planning, and commercial banking services through a broad consumer and institutional platform. JPMorganChase positions Chase and J.P. Morgan as complementary brands serving consumers, small businesses, corporate clients, and government clients in the United States and internationally.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | - | $37.37 CAD | Triple Net | Mar 2035 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-029-24-34-0155 | Improvements Assessment | $801,566 CAD |
| Land Assessment | $163,243 CAD | Total Assessment | $964,809 CAD |
Property Taxes
Presented by
Chase Bank | 1100 Franklin Ave E
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