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
1 Spaces
1
1 Attachments
|
OM_BMO_N_124th_Brookfield_WI.pdf |
9/18/2018 12:00:00 AM
9/19/2018 12:13:18 AM
Rich Lydon
Broker
Equity Investment Advisors
