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Bank of America | Brooklyn Center, MN 2545 County Rd 10 4,370 SF Retail Building Minneapolis, MN 55430 $2,487,000 ($569.11/SF) 5.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Single-Tenant Bank of America Ground Lease With Below Market Rent on 1+ Acre Site: Absolute NNN ground lease; zero landlord responsibilities
- Ideally Situated at the Signalized Intersection of Bass Lake Road and Shingle Creek Parkway (27,000 CPD)
- Dense Demographic Area: Over 334,000 people within a 5-mile radius
- Adjacent to Shingle Creek Crossing: New 800,000 SF community center anchored by T.J. Maxx, LA Fitness, Michaels, and Five Below
- Direct Freeway Access Which Leads to the Twin Cities
- Brooklyn Center Is Part of the Twin Cities MSA, One of the Strongest Midwest Economies
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Finance and Insurance
- -
- -
- Nov 2033
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving many million consumer and small business clients with retail financial centers, approximately ATMs (automated teller machines) and award-winning digital banking with millions verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Finance and Insurance | - | - | Nov 2033 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-118-21-24-0023 | Improvements Assessment | $1,090,000 |
| Land Assessment | $553,000 | Total Assessment | $1,643,000 |
PROPERTY TAXES
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Bank of America | Brooklyn Center, MN | 2545 County Rd 10
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