Retail•Free Standing•For Sale

BMO Harris Bank with Excellent Branch Deposits, 15-Year NNN Lease

3155 North 124th Street, Brookfield, Wisconsin 53005

Sale Price $5,340,000 ($197.74 /SqFt)
Sale Type Investment
Bldg Type Single-Tenant
Class B
Status Existing
Year Built 1966
Stories 1
Cap Rate 5.25%
RBA 27,005 SqFt
Land Area 128,066 SqFt
Market Milwaukee/Madison
Long Term 15-Year Absolute NNN Lease (Feb 2018 - Feb 2033) No Landlord Responsibilities Substantial Deposits of $349 Million | 21% Market Share Investment Grade Tenant | S&P “A+” Credit Rating 2nd Largest Bank in Deposits in WI with $18 Billion Vital Regional Branch Located 10 Miles from Milwaukee Largest Employer in Brookfield, WI (Milwaukee MSA) Close Proximity to Retail Destinations Mayfair Mall and Mayfair Collection Large Parcel at Signalized Intersection | Lowe’s, Aldi, and OfficeMax Across the Street Seven Drive Through Lanes | 153 Parking Spaces | 46.1k Combined VPD
  • NOI $280,349
  • Lease Type Absolute NNN
  • Lease Term 15 Years
  • Lease Start February 2018
  • Lease Expiration February 2033

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9/18/2018 12:00:00 AM 9/19/2018 12:13:18 AM

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