Bmo Bank | Sarasota, FL 34236
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- LoopNet Team
Bmo Bank
Sarasota, FL 34236
#1 Branch with $478M!-Trophy Downtown Site · Retail Property For Sale
Investment Highlights
- Brand New 10 Yr. Absolute NNN Lease with 40 yrs. of Options (8 - 5 yrs.)
- S&P Rated A+ Credit Tenant with 3% Bumps ever 5 yrs. - Zero Landlord Duties
- BMO Named “Best Private Bank in Canada for 10th Consecutive Year” 2020 - Market Cap $36B+
- Relocation of Bank & Wealth Management Center in Downtown Sarasota
- #1 BMO Branch in Florida - 8th Largest Bank in U.S. by Assets - 12M Customers/$987B in Assets
- Generational Opportunity in Tax Free Growth Market of Southwest Florida
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,977 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.66 AC
Zoning
DTC - Downtown Core
Parking
40 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
265 FT on South Lemon Avenue
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,487,000 | |
| Land Assessment | $0 | Total Assessment | $6,487,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$6,487,000
Total Assessment
$6,487,000
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