633 S Concord St | South Saint Paul, MN 55075
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633 S Concord St
South Saint Paul, MN 55075
South Saint Paul Bremer Bank Building · Office Property For Sale
Investment Highlights
- Bremer Bank recently signed a 15 year lease featuring full pass-through for nearly all operating expenses, including capital expenditures
- This site was constructed as an upgrade from their previous site directly adjacent from the property
- Bremer Bank has nearly 80 years of sustained operating success
- The lease features 10% rent bumps every 5 years, increases which continue through the option periods
- This Bremer Bank branch holds over $736 million in deposits, well into the top 10% of all locations
PROPERTY FACTS
Property Type
Office
Building Size
7,695 SF
Building Class
A
Year Built
2022
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,695 SF
Building FAR
0.07
Lot Size
2.59 AC
Amenities
- Banking
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,196,800 | |
| Land Assessment | $1,114,300 | Total Assessment | $3,311,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,114,300
Improvements Assessment
$2,196,800
Total Assessment
$3,311,100
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