1761 County Road C W, Roseville, MN, 55113-1322, US

Bank of America - Roseville

物件概要

Jones Lang Lasalle Americas, Inc. (“JLL”) is pleased to present the opportunity to acquire the fee simple interest in a newly constructed Bank of America located in Roseville, MN, just 15 minutes from the downtowns of both Minneapolis and Saint Paul. The property is 100% leased to Bank of America, a leading provider of banking and investment services worldwide. Bank of America has recently signed a 15 year ground lease, featuring a 10% rent increase every five years and requiring minimal landlord responsibilities. This investment provides the unique opportunity to obtain stable cash flows from an investment grade tenant in a tight retail submarket of the Twin Cities.

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特性

提示価格

￥394,217,000

建物面積

381 ㎡

稼働率

100%

竣工年

2022

キャップレート

NOI （営業純収益）

￥19,711,000

メディア

投資のハイライト

CREDIT TENANT WITH INTERNATIONAL PRESENCE

Bank of America boasts an A- (S&P) credit rating, securing the investment for decades to come. The bank also has a market cap of over a quarter trillion dollars and serves more than 67 million clients worldwide annually.

GROUND LEASE WITH NO LANDLORD RESPONSIBILITES

The investment features a ground lease structure, leaving the Landlord with almost no responsibilities.

15 YEAR LEASE WITH 10% BUMPS EVERY 5 YEARS

Bank of America has recently signed a 15 year lease with options that continue for 25 years after the initial term expires. The lease features 10% rent bumps every 5 years which continue through the option periods, providing a hedge against inflation and ensuring that cash flow will increase for years to come

DENSE RETAIL CORRIDOR NEAR MAJOR HIGHWAYS

The property is located in a dense retail corridor featuring national giants such as Walmart, ALDI, Dick’s Sporting Goods, Best Buy, and more. The property is also within close proximity to I-35W, which carries an impressive 91,960 vehicles per day.