BMO Harris Bank

101 North Main Street, Black Creek, WI 54106
$1,200,000
Status Sold
Price $1,200,000
Cap Rate 6.53%
NOI $78,395
Price/SF $334
Lease Type Absolute NNN
Lease Term 10 Years
Lease Start December 2015
Lease Expiration December 2025
Building Size 3,592 SF
Lot Size 20569 AC

Overview

The property sits at the hard corner of South Main and West Burdick streets. In addition to the branch’s excellent visibility, two drive-thrus and 14 parking spaces promote ease of access for bank clients.

The property is located in the center of Black Creek. Black Creek is characterized by quaint shops and eateries, businesses, and an abundance of residential homes.

The local population, within a 5-mile radius, totals approximately 4,000 residents. This same population has an average household income of nearly $66,000. Black Creek is located approximately 20 miles west of Green Bay.