BMO Harris Bank
3155 N. 124th,
Brookfield (N 124th Street),
WI
53005
$5,340,000
| Status | Sold |
|---|---|
| Price | $5,340,000 |
| Cap Rate | 5.25% |
| NOI | $280,349 |
| Lease Type | Absolute NNN |
| Lease Term | 15 Years |
| Lease Start | February 2018 |
| Lease Expiration | February 2033 |
| Building Size | 27,005 SF |
| Lot Size | 128066 AC |
Overview
– Largest Employer in Brookfield, WI (Milwaukee MSA)
– Long Term 15-Year Absolute NNN Lease | No Landlord Responsibilities
– Substantial Deposits of $349 Million | 21% Market Share
– Investment Grade Tenant | S&P “A+” Credit Rating
– 2nd Largest Bank in Deposits in WI with $18 Billion
– Vital Regional Branch Located 10 Miles from Milwaukee
– Close Proximity to Retail Destinations Mayfair Mall and Mayfair Collection
– Large Parcel at Signalized Intersection | Lowe’s, Aldi, and OfficeMax Across the Street
– Seven Drive Through Lanes | 153 Parking Spaces | 46.1k Combined VPD
