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BMO Bank 522 Snelling Ave S 5,222 SF Retail Building Saint Paul, MN 55116 $4,642,697 CAD ($889.06 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong Corporate Tenant: BMO, headquartered in Chicago, operates over 1,000 U.S. branches and 40,000+ ATMs nationwide.
- Premier Location: Strategically positioned in Highland Park, one of St. Paul's most desirable neighborhoods.
- 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.
- Legacy Asset Advantage: BMO Bank is a rare legacy asset featuring a large lot and grandfathered drive-thru facility.
- Education Hub: Located within blocks of prestigious higher educational institutions including St. Catherine University & University of St. Thomas.
- High-Traffic Corridors: Prime exposure on two major arterials—Highway 51 (20,975 vehicles per day) and Randolph Avenue (11,100 vehicles per day).
EXECUTIVE SUMMARY
Ground Lease. No landlord responsibilities.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
5,222 SF
Building Class
C
Year Built
2009
Price
$4,642,697 CAD
Price Per SF
$889.06 CAD
Cap Rate
7.50%
NOI
$348,198 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.79 AC
Parking
21 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
248’ on Snelling Avenue South
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-28-23-32-0177 | Improvements Assessment | $2,549,036 CAD |
| Land Assessment | $1,042,443 CAD | Total Assessment | $3,591,480 CAD |
PROPERTY TAXES
Parcel Number
10-28-23-32-0177
Land Assessment
$1,042,443 CAD
Improvements Assessment
$2,549,036 CAD
Total Assessment
$3,591,480 CAD
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BMO Bank | 522 Snelling Ave S
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