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| Price $2,100,000 | Built/Renov 2000 | Tenant BMO Bank |
| Cap Rate 6.22% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
6,543
| Lease Start
12-01-2000
| #Units
1,867
|
| Price/SF $320.95 | Expiration
11-30-2026
| Tenant Type Bank/Financial |
| NOI $130,710 | R. Term 1.11 | Ownership Fee Simple |
| Rent/SF
$19.98
| Increases 1.5%/1/yrs | Pop 5Mi 11,285 |
| Lot/AC 0.95 | Options 2/5yrs/1.5% | AHHI 5Mi $78,404 |
| | |
BMO Harris Bank is strategically located at the hard corner intersection of Water Street and Van Buren Street, with access to a combined daily traffic count of 7,750 vehicles. The property is surrounded by well-known national tenants, including Family Dollar, Dunkin', Culver’s, Piggly Wiggly, Kwik Trip, and more. The 5-mile trade area is supported by a population of 11,285 residents with an...
...Hard corner intersection
Build to suit
In location for years
Near major nationals
Strategically located
Long operation history
Absolute NNN
Annual rent increases
Traded and rated company
Investment grade tenant
BMO Harris Bank, N.A., doing business as BMO Bank North America, is an American national bank. BMO is a traditional retail bank that offers a full range of deposit, lending, and investment...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 3,886 | 9,390 | 11,700 |
| 2024 Total Population : | 3,940 | 9,481 | 11,794 |
| 2024 Employed Civilian Pop : | 2,443 | 5,599 | 6,886 |
| 2024 Total Businesses : | 245 | 483 | 537 |
| 2024 Average Household Income : | $ 93,095 | $ 101,353 | $ 107,357 |
| 2024 Total Consumer Spending : | $ 142 M | $ 356 M | $ 463 M |
| 2024 Median Age : | 41 | 42 | 43 |
| 2024 Total Households : | 1,760 | 4,040 | 4,975 |
| 2024 Pop Age 25+: Bachelor's Degree : | 665 | 1,811 | 2,203 |
| 2024 Average Home Value : | $ 319,006 | $ 357,674 | $ 391,505 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Water Street | Broadway St | 2021 | 7,500 | 0.18 mi |
| Water St | Phillips Blvd | 2017 | 7,800 | 0.20 mi |
| Water St | Washington Ave | 2017 | 7,800 | 0.25 mi |
| Madison Street | Webster Ave | 2021 | 3,500 | 0.26 mi |
| August Derleth Bridge | Water St | 2021 | 18,300 | 0.26 mi |
| Water Street | Prairie St | 2021 | 7,500 | 0.27 mi |
| Phillips Blvd | Madison St | 2017 | 16,100 | 0.31 mi |
| Water Street | John Quincy Adams St | 2021 | 1,300 | 0.36 mi |
| Madison Street | Phillips Blvd | 2021 | 3,000 | 0.43 mi |
| Madison St | John Quincy Adams St | 2002 | 410 | 0.47 mi |
New London, NH
Cap Rate 6.75%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 5,600
Marana, AZ
Cap Rate 5.50%
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St. Clair Shores, MI
Cap Rate 7.00%
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Size/SF 6,375
Philadelphia, PA
Cap Rate 6.50%
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Size/SF 3,507
Virginia Beach, VA
Cap Rate 5.75%
Lease Abs NNN
R. Term 8.00 yrs
Size/SF 2,356
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
