633 S Concord St | South Saint Paul, MN 55075
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633 S Concord St
South Saint Paul, MN 55075
South Saint Paul Bremer Bank Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Bremer Bank recently signed a 15 year lease featuring full pass-through for nearly all operating expenses, including capital expenditures
- This site was constructed as an upgrade from their previous site directly adjacent from the property
- Bremer Bank has nearly 80 years of sustained operating success
- The lease features 10% rent bumps every 5 years, increases which continue through the option periods
- This Bremer Bank branch holds over $736 million in deposits, well into the top 10% of all locations
PROPERTY FACTS
Property Type
Office
Building Size
7,695 SF
Building Class
A
Year Built
2022
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,695 SF
Building FAR
0.07
Lot Size
2.59 AC
AMENITIES
- Banking
- Signage
PROPERTY TAXES
| Parcel Number | 36-31800-01-021 | Improvements Assessment | $63,000 |
| Land Assessment | $778,800 | Total Assessment | $841,800 |
PROPERTY TAXES
Parcel Number
36-31800-01-021
Land Assessment
$778,800
Improvements Assessment
$63,000
Total Assessment
$841,800
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