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| Price $1,493,592 | Built/Renov 1966 | Tenant BMO Bank |
| Cap Rate 6.12% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,482
| Lease Start
10-01-2024
| #Units
1,867
|
| Price/SF $601.77 | Expiration
09-30-2029
| Tenant Type Bank/Financial |
| NOI $91,463 | R. Term 4.3 | Ownership Fee Simple |
| Rent/SF
$36.85
| Increases 2.0%/1/yrs | Pop 5Mi 11,167 |
| Lot/AC 0.26 | Options 7/5yrs/2% | AHHI 5Mi $104,149 |
| | |
BMO Bank strategically located the signalized, hard corner intersection of State Route 89A and Coffee Pot Drive, serving as the main local highway with access to 24,220 vehicles passing by daily. The property benefits from the 3 million visitors that travel to Sedona every year and its close proximity to well-known national tenants such as Arco, Walgreens, Starbucks, Pizza Hut, and more....
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Affluent AHHI $100K 5 Mi
Absolute NNN
Annual rent increases
Traded and rated company
Corporate Guarantee
Investment grade tenant
BMO Harris Bank, N.A., doing business as BMO Bank North America, is an American national bank. BMO is a traditional retail bank that offers a full range of deposit, lending, and investment...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,391 | 10,083 | 11,102 |
| 2023 Total Population : | 4,487 | 10,174 | 11,167 |
| 2023 Employed Civilian Pop : | 2,196 | 4,656 | 5,031 |
| 2023 Total Businesses : | 575 | 1,158 | 1,196 |
| 2023 Average Household Income : | $ 91,471 | $ 104,686 | $ 104,149 |
| 2023 Total Consumer Spending : | $ 182 M | $ 477 M | $ 521 M |
| 2023 Median Age : | 59 | 61 | 61 |
| 2023 Total Households : | 2,342 | 5,338 | 5,851 |
| 2023 Pop Age 25+: Bachelor's Degree : | 989 | 2,332 | 2,609 |
| 2023 Average Home Value : | $ 591,279 | $ 660,795 | $ 655,935 |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
