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Executive Summary

100% Leased to BMO Harris - Absolute NNN - Annual Rent Increases
Lease Term - 2025 Branch Refresh Planned
Significant Deposits & Market Share Leader
Excellent Credit Tenancy
Multi-Lane Drive Thru & Ample Parking
Excellent Visibility and Signage

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
10,770 SF
Building Class
B
Year Built
1974
Price
$1,475,000
Price Per SF
$136.95
Cap Rate
5.50%
NOI
$81,125
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.95 AC
Zoning
LD40 M
Parking
59 Spaces (5.48 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign

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

Bank of Montreal originated in 1817 when established in Montreal, making it Canada's first bank. The company has since grown into a major North American financial institution. Bank of Montreal provides a wide range of services including personal and commercial banking, wealth management through BMO Nesbitt Burns, and investment banking via BMO Capital Markets. The bank serves millions of customers through various channels while maintaining significant operations in both Canada and the United States.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Finance and Insurance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

C & R Market
Starbucks
Pick 'n Save
PNC Bank
Denny's
Buffalo Wild Wings
Chase Bank
Planet Fitness
CrossFit
Piggly Wiggly

Property Taxes

Property Taxes

Parcel Number
535-0525-112-8
Land Assessment
$186,500
Improvements Assessment
$1,363,200
Total Assessment
$1,549,700
  • Listing ID: 29554745

  • Date on Market: 9/19/2023

  • Last Updated:

  • Address: 3131 S 13th St, Milwaukee, WI 53215

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