BMO Bank - St. Paul, MN
Property Details
Property Description
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 371,376 residents with an affluent average household income of $166,154 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.