Retail    

BMO Harris Bank

 St. Charles, IL

Asking Price

$2,186,655

Cap Rate

5.95%

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Absolute NNN Lease

Passive Investment

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Demographics

108K+ (5 MI)

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Signalized Corner

Over 35,000 VPD

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Investment Grade Tenant

A+ Credit Rating

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Zero Landlord Responsibilities - This lease features zero landlord responsibilities, creating a passive armchair investment for a cash-flow-driven investor. Absolute NNN leases are especially attractive for those seeking management-free investment opportunities in the Chicago area. 
  • High Bank Deposits - 300 S Randall Road has the highest deposits of all BMO Harris Bank branches in Kane County.
  • Kane County - Kane has a population of 516,522, making it the fifth-most populous county in Illinois. Kane County is ranked as one of the top counties to live in the state.
  • Strong Demographics - The subject property is surrounded by a population of 108,013 within a 5-mile radius, an average household income of approximately $157,014 within a 3-mile radius.
  • Investment Grade Tenant - The lease is guaranteed by BMO Harris Bank with an A+ credit rating by S&P.
  • Signalized Corner - Signalized Corner at S Randall and Oak St Offering high visibility and accessibility, with over 35,000 VPD.
  • Multiple Drive Through Lanes - This BMO Harris Bank branch offers multiple drive-thru lanes for customers.

Exclusively Listed By

Jason Maier

Senior Vice President
  jmaier@northmarq.com      646.841.0627

Shaan Dadlani

Associate, Investment Sales
  sdadlani@northmarq.com      646.845.8426

Ashley Wilhide

Operations Analyst
  awilhide@northmarq.com      646.845.8424

In Association With:

Isaiah Harf

IL Lic. #471019332

Northmarq

120 W 45th St, Suite 2610
New York City, NY 10036
P: +1 646.778.5560


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