1275 Benington Rd | Rockford, IL 61103
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- LoopNet Team
1275 Benington Rd
Rockford, IL 61103
BMO Harris Bank · Retail Property For Sale
Investment Highlights
- Absolute NNN Fee Simple – ZERO Landlord Responsibilities
- Industry Leading Tenant with over $94.6B in Deposits in the state of IL – BMO Harris Bank is the second largest bank in deposits in IL
- Branch Use – This branch handles municipal and social security money, making it a key branch for the area.
- Short Term, High Cap Rate – ±2.6-Years Remaining on the initial term, with Two (2), Five (5) Year Options to Renew
- Investment-grade credit – BMO Harris Bank has a rating of AA- from Fitch Ratings
- Multiple Drive Thru Lanes – Built in 2003, this location has 6-drive thru lanes, allowing excellent flow of traffic and quick access to services.
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
3,994 SF
Building Class
C
Year Built/Renovated
1988/2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.48 AC
Zoning
C1
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 11-02-280-010 | Improvements Assessment | $95,717 |
| Land Assessment | $61,433 | Total Assessment | $157,150 |
Property Taxes
Parcel Number
11-02-280-010
Land Assessment
$61,433
Improvements Assessment
$95,717
Total Assessment
$157,150
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