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Chase Bank 1100 Franklin Ave E 3,000 SF 100% Leased Retail Building Minneapolis, MN 55404 $1,600,000 ($533.33/SF) 5.50% Cap Rate
Investment Highlights
- Chase Bank has 10 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 515,581 and an average household income of $117,871.
- 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
- -
- $26.66
- Triple Net
- Mar 2035
Chase is the consumer banking brand of JPMorganChase, whose roots trace to New York City’s first water company in 1799 and to The Chase Manhattan Bank among its heritage firms. The company offers personal and business banking, credit cards, home loans, auto financing, and investing and retirement services through branches, digital channels, and affiliated payment platforms. Chase also supports commercial banking and treasury services for businesses, while JPMorganChase’s broader platform includes investment banking, asset management, and financial transaction processing. Chase remains a major U.S. banking franchise with a broad mix of consumer and commercial financial services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | - | $26.66 | Triple Net | Mar 2035 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-029-24-34-0155 | Improvements Assessment | $569,100 |
| Land Assessment | $115,900 | Total Assessment | $685,000 |
Property Taxes
Presented by
Chase Bank | 1100 Franklin Ave E
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