BMO Harris Bank

6645 West Oklahoma Avenue, Milwaukee, WI 53219
$2,025,000
Status Available
Price $2,025,000
Cap Rate 6.85%
Price/SF $349
NOI $138,690
Lease Type Absolute NNN
Lease Term 10 Year
Lease Start December 2015
Lease Expiration December 2025
Building Size 5,808 SF
Lot Size 43,560 SF

Overview

The property, situated on West Oklahoma Avenue, consists of 5,808 square feet of improvements. The site features excellent visibility and accessibility with four points of ingress/egress, 35 parking spaces, and four drive-thrus.

The branch is ideally located on a major east west thoroughfare that has a traffic count of over 18,000 vehicles per day. The site is in close proximity to national retailers CVS and Walgreens.

Within a 5-mile radius, the population and average household income are approximately 391,000 and $64,000, respectively. This branch had substantial bank deposits of approximately $120 million, a testament to the long-term success at this location.