Bmo Bank | Sarasota, FL 34236
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This Multifamily Property is no longer advertised on LoopNet.com.
Bmo Bank
Sarasota, FL 34236
New NNN Lease- $266M+ Deposits- Irreplaceable · Multifamily Property For Sale
·
157 Units

Investment Highlights
- Brand New 10 Yr. Absolute NNN Lease with 40 yrs. of Options (8 - 5 yrs.)- BMO Bank (NYSE: BMO) - Fee Simple Condo
- S&P Rated A+ Credit Tenant with 3% Bumps ever 5 yrs. - Zero Landlord Duties- BMO Ranks #10 Forbes “World’s Best Banks” 2020
- BMO Named “Best Private Bank in Canada for 10th Consecutive Year” 2020 - Market Cap $36B+
- Relocation of Bank & Wealth Management Center in Downtown Sarasota- Deposits $266M- Trophy Coastal Area
- #1 BMO Branch in Florida - 8th Largest Bank in U.S. by Assets - 12M Customers/$987B in Assets- Diversified Financial Services/ Wealth Management
- Generational Opportunity in Tax Free Growth Market of Soutwest Florida- Wealthiest Communities of Sarasota/Longboat Key/Siesta Key
Property Facts
| No. Units | 157 | Lot Size | 1.66 AC |
| Property Type | Multifamily | Building Size | 900,882 SF |
| Property Subtype | Apartment | No. Stories | 12 |
| Apartment Style | Mid-Rise | Year Built | 2020 |
| Building Class | A | Parking Ratio | 0.14/1,000 SF |
| Zoning | C - Commercial | ||
| No. Units | 157 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 1.66 AC |
| Building Size | 900,882 SF |
| No. Stories | 12 |
| Year Built | 2020 |
| Parking Ratio | 0.14/1,000 SF |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Concierge
- Fitness Center
- Pool
- Property Manager on Site
- Security System
- Spa
- Waterfront
- On-Site Retail
- Roof Terrace
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $6,336,900 |
| Land Assessment | $520,300 | Total Assessment | $7,647,215 |
Property Taxes
Parcel Numbers
Multiple
- 2027-03-4016
- 2027-06-0027
- 2027-03-4001
- 2027-03-4091
- 0000-00-8629
- 2027-03-4034
Land Assessment
$520,300
Improvements Assessment
$6,336,900
Total Assessment
$7,647,215
Listing ID: 20912398
Date on Market: 9/10/2020
Last Updated:
Address: Bmo Bank, Sarasota, FL 34236
The Downtown Sarasota Multifamily Property at Bmo Bank, Sarasota, FL 34236 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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