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205 S Main St
Seymour Township, WI 54165
BMO Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Triple-Net (NNN) Lease | Zero (o) Landlord Responsibilities
- Ten (10)-Year Lease | Approximately One And One- Half (1.5) Years Remaining
- Corporate Guarantee | BMO Financial Group (NYSE: BMO) | Investment-Grade Credit Tenant
EXECUTIVE SUMMARY
Bang Realty is pleased to present the exclusive listing for a BMO Bank located at 205 South Main St., Seymour, WI 54165. The site consists of roughly 4,669 rentable square feet of building space on an estimated 0.8-acre parcel of land. This BMO Bank is subject to a 0-year Triple Net (NNN) lease, which commenced 11/9/2016. The current annual rent is $53,385 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
4,669 SF
Building Class
C
Year Built
1951
Price
$1,050,394 CAD
Price Per SF
$224.97 CAD
Cap Rate
7%
NOI
$73,528 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.80 AC
Zoning
2-Commercial
Parking
60 Spaces (12.85 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 34-0-0187-00 | Improvements Assessment | $1,098,511 CAD |
| Land Assessment | $75,755 CAD | Total Assessment | $1,174,265 CAD |
PROPERTY TAXES
Parcel Number
34-0-0187-00
Land Assessment
$75,755 CAD
Improvements Assessment
$1,098,511 CAD
Total Assessment
$1,174,265 CAD
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