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Investment Highlights

  • Recent Lease Extension – Tenant Exercised 5-Year Option - Seven 5-year Option Periods Remaining
  • BMO Harris Bank – Investment Grade Credit Tenant - Rated A+ by S&P (A1 by Moody’s)
  • Strong Site Fundamentals – 9,829 SF Building with Drive-Thru - Large 2.74-Acre Parcel
  • 1.5% Annual Rent Increases - Inflation-Resistant Cash Flows
  • Absolute NNN Lease – No Landlord Responsibilities - Ideal for 1031 Exchange or Coupon Clipper
  • Strong Historical Deposits - Over $72.8 Million in Annual Deposits (June 2025)

Executive Summary

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the BMO Harris Bank in Brookfield, WI. BMO is an investment-grade credit tenant (S&P: A+) and is publicly traded (NYSE: BMO) with a market cap exceeding $94 billion. The absolute NNN lease has ~5 Years remaining in the primary term with 1.5% annual rent increases accompanied by seven, 5-year option periods. With zero landlord responsibilities, this asset is ideal for a 1031 exchange or coupon clippers desiring years of inflation-resistant cash flows.
The 9,829-SF bank building with three drive-thru lanes on a spacious 2.74-acre parcel is located directly on the hard-corner intersection of W Capital Drive (I-41 ALT) and Gateway Road, which has a combined traffic count surpassing 36,300 VPD. Brookfield is part of the Milwaukee-Racine-Waukesha combined statistical area, which has a population of over 2 million, and is within 20 miles of downtown Milwaukee. The branch has annual deposits exceeding $72 million with strong historical performance.
This is an excellent opportunity to purchase an investment-grade single-tenant absolute net leased bank with 35 years in option periods, annual rent increases, and zero landlord responsibilities.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
9,829 SF
Building Class
C
Year Built
1997
Price
$3,540,700
Price Per SF
$360.23
Cap Rate
8%
NOI
$283,262
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.74 AC
Zoning
B
Parking
59 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
385’ on Gateway Rd

Amenities

  • Signage
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • -
  • -
  • 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 - - Lorem Ipsum Jan 0000
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
BRC-1035-014
Land Assessment
$824,400
Improvements Assessment
$1,521,400
Total Assessment
$2,345,800
  • Listing ID: 39085696

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 3470 Gateway Rd, Brookfield, WI 53045

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