• Property Alerts
  • Research Reports
Net Lease BMO

Net Lease BMO Property Profile and Cap Rates

Date April 17, 2017

Net Lease  BMO – Typical Property and Lease Terms


Price Range:$1.5mm - $3.5 mm
Cap Rate:5.00%
Net Income:$130,000
Price Per foot:$550 PSF
Building Size:5,500 SF
Lot Size:1 AC
Escalations:2% Annually
Lease Term:10 Years
Lease Type:NNN
Credit Rating:A+ (S&P)


Tenant Company Information:

Established in 1882 as Harris Bank, and owned by BMO Financial Group (TSX, NYSE: BMO) since 1984, BMO Harris Bank has grown to become one of the largest banks in the Midwest serving personal, commercial and affluent customers. BMO Harris Bank provides a broad range of personal banking products and solutions through over 600 branches and approximately 1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona and Florida. These include solutions for everyday banking, financing, investing, as well as a full suite of integrated commercial and financial advisory services. BMO Harris Bank’s commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. We partner closely with BMO Private Bank who serve a full range of client segments, from mainstream to ultra-high net worth, with a broad offering of wealth management products and solutions offered through offices across the United States.

We focus on building relationships with a vision to be the bank that defines great customer experience — building that reputation with new customers and deepening it with existing customers. We’re building our presence and making it easier for customers to do business with us through an integrated network of branches, mobile banking, online banking and ATMs, along with the expertise of our mortgage specialists, commercial bankers and financial planners. Our goal in everything we do is to help our customers make sense of complexity, make better choices in investing, saving and borrowing and have confidence. We help our customers make money make sense by delivering the broadest range of financial services. And, we have a deep commitment to the communities where our employees work and live.