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
  • Additional Rent Contact for pricing
  • Date Updated Nov 3, 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

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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

  • Prospect Park

    4.57 miles

  • Target Field - Platform 1

    4.71 miles

  • Target Field - Platform 2

    4.72 miles

  • West Bank

    4.73 miles

  • Warehouse District/Hennepin Avenue

    4.76 miles

  • Nicollet Mall

    4.76 miles

  • Government Plaza

    4.77 miles

  • Westgate

    4.90 miles

  • Murphys Service Center

    1.26 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

  • Handy Stop

    2.31 miles

  • Tesla Supercharger

    2.33 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 Minneapolis St. Paul/Roseville

    1.56 miles

  • Courtyard

    1.59 miles

  • Holiday Inn Express Roseville-St. Paul

    1.68 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

  • Culver's

    0.27 miles

  • Leela On 8

    1.08 miles

  • McDonald's

    1.12 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

  • Parkway Pizza

    1.46 miles

  • Subway

    1.51 miles

  • St. Anthony Schools

    0.67 miles

  • Waite Park Community School

    0.84 miles

  • Northeast Middle School

    1.29 miles

  • Bel Air Elementary

    1.50 miles

  • Global Academy

    1.51 miles

  • Highview Middle School

    1.71 miles

  • Pillsbury School

    1.99 miles

  • Prodeo Academy Columbia Heights

    2.10 miles

  • Pike Lake Kindergarten Center

    2.30 miles

  • University of Northwestern

    2.49 miles

  • Guidepost Montessori

    2.52 miles

  • Como Early Learning Center

    3.38 miles

  • University of MN Child Development Laboratory School

    3.68 miles

  • Primrose School of Arden Hills and Shoreview

    3.97 miles

  • YMCA Child Care

    4.12 miles

  • St. Anthony Park

    4.25 miles

  • It Starts With Luv

    4.60 miles

  • KinderCare

    4.67 miles

  • Summit Early Learning Center

    5.19 miles

  • New Horizon Academy

    5.36 miles

Frequently Asked Questions

How much does Chase Bank | New 15 Yr. Ground Lease cost?

The space currently listed for sale at Chase Bank | New 15 Yr. Ground Lease asks for $2,727,273.

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.

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Contact Chase Bank | New 15 Yr. Ground Lease