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BMO Harris Bank 8840 State Line Rd 3,921 SF Retail Building Leawood, KS 66206 $2,400,000 ($612.09/SF) 5.02% Cap Rate

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Investment Highlights

  • Great location
  • High Traffic
  • Across from power center with Target, Trader Joes

Executive Summary

Newly renewed 5 year lease. Long time bank location. Rent increases every year of 1.5%. True NNN lease.

Attachments

12-15-25 BMO

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
3,921 SF
Building Class
B
Year Built
1986
Price
$2,400,000
Price Per SF
$612.09
Cap Rate
5.02%
NOI
$120,600
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.05
Lot Size
2.00 AC
Zoning
CP2
Parking
30 Spaces (6.07 Spaces per 1,000 SF Leased)
Frontage
152’ on State Line Rd

Amenities

  • Drive Thru

Major Tenants Click Here to Access

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

Nearby Major Retailers

Starbucks
Commerce Bank
Hawaiian Bros Island Grill
Five Guys
Trader Joe's
Price Chopper
UMB Bank

Property Taxes

Property Taxes

Parcel Number
HF251235-1040
Land Assessment
$64,098
Improvements Assessment
$61,903
Total Assessment
$126,001
  • Listing ID: 38776861

  • Date on Market: 12/15/2025

  • Last Updated:

  • Address: 8840 State Line Rd, Leawood, KS 66206

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