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Bank of America 1761 County Road C

4,100 SF Retail Building Roseville, MN 55113 $3,797,280 CAD ($926 CAD/SF) 5% Cap Rate

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Investment Highlights

Bank of America boasts an A- (S&P) credit rating, securing the investment for decades to come
Bank of America has recently signed a 15 year lease which features 10% rent bumps every 5 years
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 investment features a ground lease structure, leaving the Landlord with almost no responsibilities
Roseville is a dense suburb with high projected income growth

Executive Summary

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.