BMO Harris Bank

4106 Highway 93, Eau Claire, WI 54701
$1,550,000
Status Sold
Price $1,550,000
Cap Rate 6.31%
NOI $97,830
Price/SF $286
Lease Type Absolute NNN
Lease Term 10 Years
Lease Start December 2015
Lease Expiration December 2025
Building Size 5,426 SF
Lot Size 54014 AC

Overview

Prominently located at the hard corner of Highway 93 and Damon Street, the Eau Claire branch totals 5,426 square feet. The property features excellent visibility and convenient accessibility with two points of ingress/egress, a 32-space parking lot, and four drive-thrus.

The local market features a combination of national retail banners, businesses, and residential neighborhoods. Notable retailers in the vicinity include Festival Foods and HOM Furniture. OakWood Mall, a regional shopping destination with a Scheels, Younkers, and Macy’s, is also situated less than one mile from the site.

The surrounding community, within a 3-mile radius, boasts over 37,000 residents. This same population has an average household income of approximately $62,000. Eau Claire is the ninth-largest city in Wisconsin, and only 85 miles from St. Paul, MN.