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Demographic Information (5-mile radius)
369,878
375,515
$111,839
$80,281

BMO Bank

BMO Bank 522 Snelling Ave South, 522 Snelling Ave South, St. Paul, MN, 55116
$3,371,872
  • Type: Retail
  • Availability: Available
  • Tenancy: Single Tenant
  • Cap Rate: 7.50%
  • NOI: $252,887.04
  • Lease Type: Ground Lease
  • Lease Expiration: February 28, 2030
  • Tenant: BMO Bank

Property Highlights

  • Strong Corporate Tenant: BMO, headquartered in Chicago, operates over 1,000 U.S. branches and 40,000+ ATMs nationwide. S&P Rated A+ with Revenues exceeding $31 Billion. Recently recognized by Fast Company as one of the World's Most Innovative Companies of 2024.
  • Legacy Asset Advantage: BMO Bank is a rare legacy asset featuring a large lot and grandfathered drive-thru facility, providing significant competitive advantages in St. Paul’s restrictive zoning environment.
  • Premier Location: Strategically positioned in Highland Park, one of St. Paul's most desirable neighborhoods—ranked #2 Best Neighborhood to Raise a Family in St. Paul by Niche.
  • Education Hub: Located within blocks of prestigious higher educational institutions including St. Catherine University, University of St. Thomas, and Macalester College.
  • Strong Demographics: Serves a robust 5-mile population of 369,878 residents with an affluent average household income of $155,521 within a 1-mile radius.
  • High-Traffic Corridors: Prime exposure on two major arterials—Highway 51 (20,975 vehicles per day) and Randolph Avenue (11,100 vehicles per day).
  • Capital City Market: Located in St. Paul, Minnesota's capital city (population 319,465)—the state's second-largest city and home to major attractions including Xcel Energy Center, Allianz Field, University of Minnesota East Campus, and multiple higher education institutions.

Contact

Keith A. Sturm, CCIM
612.376.4488
[email protected]

Amanda Leathers
612-436-0045
[email protected]

Deborah Vannelli, CCIM
612.376.4475
[email protected]