Chase Bank · Minneapolis, MN | InvestmentGrade.com

Chase Bank NNN

1100 E Franklin Ave · Minneapolis, MN 55404 · Banking / Financial

Asking price

$1,600,000

Cap rate

5.50%

NOI

$88,000

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN

Term remaining9.0 yrs

Expiration05/2035

Rent bumps10% Every 5 Years

OptionsFour 5-Year W/ 10% Increases

Ground leaseNo

Credit profileCredit Rated

TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,000

Price / SF$533

Year built1918

Lot size0.17 ac

TypeBank

Days on market59

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

Chase Bank has 9 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 521,389 and an average household income of $123,615
Just a short distance away from downtown Minneapolis, offering a wealth of entertainment, dining, and cultural experiences, including museums, theaters, and sports venues.

Property overview

Ventura Village is a vibrant and historically rich neighborhood nestled within the Phillips community of Minneapolis. Officially established as a distinct neighborhood in 2002, it's located just south of downtown, bordered by major interstates (I-35W and I-94) and Hiawatha Avenue. The name "Ventura" itself, meaning happiness or luck in Spanish, reflects the community's hopeful spirit for its future.

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.

I agree to the Listing Access Terms. Listings on InvestmentGrade.com are compiled from a wide network of brokerages and marketing sources so you can see the broader net lease market in one place rather than only one firm's inventory. Investment Grade Income Property, LP is not the listing broker unless stated. Figures are as published by the listing party and must be independently verified. Full details are shared with registered buyers. See the full disclaimer.

Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.