BMO Harris Bank

2005 West Route 34, Plano, IL 60545
$2,793,000
Status Available
Price $2,793,000
Cap Rate 5.70%
Price/SF $279
NOI $159,174
Lease Type Absolute NNN
Lease Term 10 Year
Lease Start January 2016
Lease Expiration January 2026
Building Size 10,006 SF
Lot Size 116,330 SF

Overview

Plano is a city in Kendall County, Illinois, near Aurora. The city’s population of 10,856 as of the 2010 census nearly doubled in size since the year 2000. Plano is approximately 50 miles west of Chicago.

Located along West Route 34, the property features excellent visibility and accessibility with a traffic count of 11,700 vehicles per day. Three points of ingress/egress offer access to the 10,006 square foot building. The branch has parking for 62 cars, an ATM kiosk, and three drive-thru lanes for customer convenience.

The site benefits from its location on a major commercial thoroughfare which includes Walmart, ALDI, Burger King, and AutoZone. The branch had significant deposits of approximately $52 million. This is a seasoned branch which has been operating at this location for more than 25 years.