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Lead Agents

Dave Lucas

(925) 744-5217

dave@monarchcommercial.com

CA DRE #01389761

NV RED #10011411

Brandon Norton

(480) 269-3154

brandon@monarchcommercial.com

CA DRE #01985777

ADRE #BR710308000

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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