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BMO Harris Bank 103 W Bloomingdale Ave 4,637 SF Retail Building Brandon, FL 33511 $3,250,000 ($700.88/SF) 6.03% Cap Rate

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Investment Highlights

  • $61.4m in deposits for 2024
  • Outparcel in attractive center
  • 40k AADT
  • Recent 5-year lease renewal & 5 year remaining option (executed 2/25)
  • Excellent frontage and parking

Executive Summary

This is the sale of a well located BMO Harris bank branch outparcel to the Bloomindale Commons shopping center. The tenant has just executed a 2nd 5-year option with a remaining 5-yar option. Deposits are over $61 million for 2024. Bank is attractive with standing seam metal roof, brick exterior walls, excellent signage and 3
covered car lanes with pneumatic tube system. Property boasts 52 parking spaces as well as a cross parking easement with surrounding center. Sit back and clip coupons
with this stable and appreciating asset in high growth 301 Corridor section of Southshore (Hillsborough County).

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
4,637 SF
Building Class
B
Year Built
2006
Price
$3,250,000
Price Per SF
$700.88
Cap Rate
6.03%
NOI
$196,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.10 AC
Zoning
PD - Planned Development
Parking
38 Spaces (8.19 Spaces per 1,000 SF Leased)
Frontage
200’ on W. Bloomingdale Ave

Amenities

  • Banking
  • Corner Lot
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru
  • Monument Signage
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

BMO Financial Group, commonly known as BMO, is a publicly traded financial services organization headquartered in Toronto, Ontario. Established in 1817 as the Bank of Montreal, it is one of the oldest banks in Canada and operates under the ticker symbol BMO on the Toronto and New York Stock Exchanges. The company provides a broad range of services, including personal and commercial banking, wealth management, and investment banking. BMO serves clients across Canada, the United States, and internationally through its various divisions, such as BMO Bank of Montreal, BMO Capital Markets, and BMO Nesbitt Burns. Its U.S. operations are anchored by BMO Bank N.A., which offers retail and commercial banking services. Over its long history, BMO has expanded through strategic acquisitions and organic growth, positioning itself as a leading North American financial institution. The organization continues to focus on digital innovation, sustainability initiatives, and delivering integrated financial solutions to individuals, businesses, and institutional clients.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Finance and Insurance 99,999 SF $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Burn Boot Camp
Maple Street Biscuit Company
Stonewood Grill
Beef 'O' Brady's
First Watch
Chicken Salad Chick
Publix
Regions Bank
LA Fitness
Pure Barre

Property Taxes

Property Taxes

Parcel Number
U-10-30-20-94A-000000-00004.0
Land Assessment
$100
Improvements Assessment
$1,639,200
Total Assessment
$1,639,300
  • Listing ID: 35352295

  • Date on Market: 4/2/2025

  • Last Updated:

  • Address: 103 W Bloomingdale Ave, Brandon, FL 33511

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