1100 E Franklin Ave

1100 E Franklin Ave, Minneapolis, MN 55404

RETAIL For Sale

Year Built: 1918

Floors: 2

Class: B

Available Spaces

SpaceSizeTypePricing
JP Morgan Chase Bank SALE $1,600,000.00

Contact

Deborah Vannelli - Upland Real Estate Group, Inc

PHONE: 6123764475

PHONE: 6124360248

Keith A Sturm - Upland Real Estate Group, Inc

PHONE: 6123764488

PHONE: 6123326600

Description

· Chase Bank has just under 10 years remaining on its original lease with 10% increases every 5 years. · JPMorgan Chase Bank has an S&P Rating of AA- with over 4,700 branch locations and 15,000 ATMs. · Bank Deposits of $25.4 Million as of 6/30/2024. · This property is located near a new 30,000 SQ.FT. clinic with medical, dental, and behavioral health services, as well as an 83-unit apartment building. · Located near many Interstates and Highways seeing upwards of 183,000 vehicles per day. · Excellent demographics with a 5-mile population of 515,581 and an average household income of $117,871. · Just a short distance away from downtown Minneapolis, offering a wealth of entertainment, dining, and cultural experiences, including museums, theaters, and sports venues.