Map of Property

Chase Bank | New 15 Yr. Ground Lease

3800 Silver Lake Rd NE, Saint Anthony, MN 55421

  • For Sale $2,727,273
  • Property Type Other
  • Property Size 3,366 SF
  • Lot Size 1.2 SF
  • Date Updated Apr 27, 2024

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire a newly constructed single tenant NNN property, ground leased to an investment grade tenant, Chase Bank located in the affluent Minneapolis neighborhood of Saint Anthony, MN. With a brand new 15-year primary term, three 5-year option periods, 10% rent increases every five years, and zero landlord responsibilities, this asset is ideal for a 1031 Exchange or a coupon clipper desiring years of stable inflation resistant passive income.

JP Morgan Chase is a publicly traded company (NYSE: JPM) and has a strong investment grade credit rating from Moody’s of Aa2 (S&P: A+). The subject property comprises a ~3,500 SF building with drive-thru and on a large 1.2-acre parcel, is adjacent to Silver Lake Village Shopping Center, and is surrounded by over 3,600 multi-family units within a mile.

Located directly on Silver Lake Road, this property has excellent ingress/egress, sees over 18,000 VPD, and is within 15 minutes of downtown Minneapolis, which has an MSA population exceeding 2.9 Million. Nearby retailers include Club Foods, Chipotle, Cold Stone Creamery, Culvers, Walgreens, Anytime Fitness, and Valvoline.

This is an excellent opportunity to own a NNN leased asset with a new long-term lease, 15 years in options, and no landlord responsibilities, providing years of worry-free cash flows.

Available

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Contacts

broker

Eric Carlton

broker

Jereme Snyder

broker

Jeremy Jacobs

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable

  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Saint Anthony, MN
  • Neighborhood St. Anthony
  • Zip Code 55421
  • Market Minneapolis St Paul

Points of Interest

  • Fridley

    3.78 miles

  • Stadium Village

    4.36 miles

  • East Bank

    4.46 miles

  • Prospect Park

    4.57 miles

  • Target Field

    4.69 miles

  • Target Field - Platform 1

    4.71 miles

  • Target Field - Platform 2

    4.72 miles

  • West Bank

    4.73 miles

  • U.S. Bank Stadium

    4.75 miles

  • Warehouse District/Hennepin Avenue

    4.76 miles

  • Murphys Service Center

    1.26 miles

  • St. Anthony Mobil

    1.45 miles

  • St. Anthony Mobil

    1.45 miles

  • Marathon

    1.68 miles

  • Prime Market and Deli

    1.73 miles

  • Winners Gas and Auto Repair

    1.74 miles

  • Minnoco Xpress

    1.80 miles

  • Wash N Fill

    2.02 miles

  • BP

    2.09 miles

  • Speedway

    2.24 miles

  • Stan Koch & Sons Trucking, Inc. - Trailer Yard

    1.48 miles

  • St. Anthony Center Parking

    1.53 miles

  • Turbo Tim's Parking

    1.81 miles

  • I-35W & Industrial Blvd

    2.28 miles

  • Koch Trucking - Tractor Parking

    2.99 miles

  • Stan Koch & Sons Trucking, Inc. - Truck Parking

    3.05 miles

  • West Lot

    3.07 miles

  • Life Time Fitness Parking

    3.09 miles

  • St. Phillip's Lutheran Church

    3.14 miles

  • SoHo

    3.26 miles

  • Fairfield Inn & Suites

    1.50 miles

  • avid Hotel Roseville- Minneapolis North

    1.52 miles

  • Residence Inn by Marriott Minneapolis St. Paul/Roseville

    1.56 miles

  • Courtyard

    1.59 miles

  • Days Inn

    2.12 miles

  • LivINN MOTEL

    2.14 miles

  • Radisson

    2.20 miles

  • Delta Hotels by Marriott

    2.46 miles

  • Super 8

    2.50 miles

  • Motel 6

    2.52 miles

  • Culver's

    0.27 miles

  • McDonald's

    1.13 miles

  • Perkins

    1.19 miles

  • Sarpino's Pizzeria

    1.32 miles

  • Dairy Queen

    1.32 miles

  • Village Pub

    1.43 miles

  • Hazel's Northeast

    1.45 miles

  • Subway

    1.51 miles

  • Great Dragon Buffet

    1.55 miles

  • Dairy Queen

    1.56 miles

  • St. Anthony Schools

    0.67 miles

  • Waite Park Community School

    0.84 miles

  • Northeast Middle School

    1.29 miles

  • Global Academy

    1.48 miles

  • Bel Air Elementary

    1.51 miles

  • Higview Middle School

    1.71 miles

  • Pillsbury School

    1.98 miles

  • Pike Lake Kindergarten Center

    2.30 miles

  • University of Northwestern

    2.45 miles

  • Thomas Edison High School

    2.55 miles

  • Como Early Learning Center

    3.38 miles

  • Primrose School of Arden Hills and Shoreview

    3.97 miles

  • St. Anthony Park

    4.25 miles

  • KinderCare

    4.67 miles

  • Summit Early Learning Center

    5.19 miles

  • Child Garden Montessori

    5.47 miles

  • KidsPark Hourly Child Care

    5.69 miles

  • St. Paul Learning Center

    5.90 miles

  • Central Care for Children

    5.95 miles

  • Bethlehem Child Care Center

    6.40 miles

Frequently Asked Questions

What is the lease rate for Chase Bank | New 15 Yr. Ground Lease?

Rental asking rate at Chase Bank | New 15 Yr. Ground Lease is $1,363,636.50/YR.

What is the total square footage of Chase Bank | New 15 Yr. Ground Lease?

Chase Bank | New 15 Yr. Ground Lease totals 3,366 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Chase Bank | New 15 Yr. Ground Lease