This Retail Property is no longer advertised on LoopNet.com.

1100 Franklin Ave E
Minneapolis, MN 55404
JPMorgan Chase Bank · Retail Property For Sale

Investment Highlights

  • Net lease investment opportunity with a AA Investment Grade Tenant!
  • 3,000sf Main Level + 3,000sf Basement
  • 15 year lease term with 10% rental increases every 5 years.

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1918/2020
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.17 AC
Zoning
C2
Parking
8 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
49’ on Franklin Ave E

Amenities

  • Bus Line
  • Signage

About 1100 FRANKLIN AVE E , MINNEAPOLIS, MN 55404

The subject property is strategically located parallel and several blocks south of Highway 94, and one mile east of 35 W in South Minneapolis on East Franklin Avenue. Franklin Avenue is a Hennepin County highway (Co Road 5) running through Minneapolis. It’s a major commercial and residential corridor that runs across South and Southwest Minneapolis, connecting Lake of the Isles with the Mississippi River. Businesses surrounding the subject property include Aldi, Wells Fargo, Woodland National Bank, and Dollar General. Additionally, Peavy Park, less than 3 blocks, was recently renovated adding amenities for the local residents, and the Franklin Avenue Bridge reconstruction over I-35 was also completed. To the North, the property is .7 miles from US Bank Stadium, and less than 2 miles from downtown Minneapolis, the University of Minnesota, University of St Thomas, Augsburg University, Target Center, and the Guthrie Theater. To the South, less than 1 mile, are two major hospitals: Children’s Hospital, one of the largest children’s health care organizations in the US; and the Minneapolis Heart Institute-Abbott Northwestern Hospital, one of the top ranked cardiovascular centers in the world.

Property Taxes

Property Taxes

Parcel Number
26-029-24-34-0155
Land Assessment
$115,900
Improvements Assessment
$569,100
Total Assessment
$685,000
  • Listing ID: 18738605

  • Date on Market: 3/4/2020

  • Last Updated:

  • Address: 1100 Franklin Ave E, Minneapolis, MN 55404

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