Lead Agents
Corporate BMO Bank
Vallejo, California
Price:
$2,106,000
Cap Rate:
6.75%
NOI:
$142,155
Built:
1987
Building Size (SF):
3,900 SF
Lot Size (Acres):
0.497 AC
This BMO bank branch, which has been operating at this location since 1987, is backed by one of North America’s largest financial institutions ($1.3T in assets) and generating $90M in deposits. It is located in a dense, growing Bay Area market within Park Place shopping center, which just sold to a national retail developer and is undergoing a major redevelopment. With an investment-grade tenant, NNN lease, strong demographics, and a position in the fast-growing Bay Area, this asset is built for performance.
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