BMO Harris Bank
|Lease Type||Absolute NNN|
|Lease Term||10 Years|
|Lease Start||December 2015|
|Lease Expiration||December 2025|
|Building Size||5,173 SF|
|Lot Size||64,862 SF|
The property is conveniently positioned near the interchange between West 119th Street and Interstate 35. In particular, Interstate 35 traverses suburban Kansas City and provides direct access to downtown Kansas City. Passed by over 32,000 vehicles per day, the asset totals 5,173 square feet with two drive-thrus and parking for 68 cars.
The neighborhood surrounding the property is best characterized as a full service commercial corridor with numerous businesses and retail amenities. While the building is an infill location to a Super Target, many other retailers anchor the nearby shopping centers, including a Dick’s Sporting Goods, AMC Theaters, Best Buy, and The Home Depot.
The community surrounding the branch benefits from strong demographics. A population of approximately 225,000 resides within a 5-mile radius with an average household income of $100,000, which exceeds the national average.