BMO Harris Bank - Highest Deposits in Dodge County Listing Details & Market Data

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to purchase BMO Harris Bank – an investment grade credit tenant (S&P: A+) – in Mayville, WI. The absolute NNN lease has over 7.5 years remaining on the primary term, eight 5-year option periods, and 7.5% rent increases every 5 years in both the primary term and option periods. With zero landlord responsibilities, this investment is ideal for a 1031 exchange or coupon clippers desiring years of inflation resistant cash flows. The 8,278 SF bank building with drive-thru on large 1.26-acre parcel is located directly on Horicon St (State Highway 28), which offers great visibility and access. Mayville is part of the Milwaukee MSA, has a population of over 2 million, and is within an hour or downtown Milwaukee. This branch boasts over $67 million in annual deposits, making it the highest depositing BMO in Dodge County. Nearby retailers include Piggly Wiggly, McDonald’s, Family Dollar, O’Reilly Auto Parts, Subway, and Mayville True Value. This is an excellent opportunity to purchase an investment grade single tenant absolute net leased bank with 40 years in options, rent increases every 5 years, and zero landlord responsibilities.