3470 Gateway Rd - Bank FOR SALE


Brookfield, WI 53045
$3,540,700 USD
949-724-5552
3470 Gateway Rd, Brookfield, WI for Sale
$3,540,700 USD
Bank - FOR SALE
1/5
null | 8% Cap Rate

3470 Gateway Rd
Brookfield, WI 53045


HIGHLIGHTS

  • Recent Lease Extension – Tenant Exercised 5-Year Option - Seven 5-year Option Periods Remaining
  • 1.5% Annual Rent Increases - Inflation-Resistant Cash Flows
  • BMO Harris Bank – Investment Grade Credit Tenant - Rated A+ by S&P (A1 by Moody’s)
  • Absolute NNN Lease – No Landlord Responsibilities - Ideal for 1031 Exchange or Coupon Clipper
  • Strong Site Fundamentals – 9,829 SF Building with Drive-Thru - Large 2.74-Acre Parcel
  • Strong Historical Deposits - Over $72.8 Million in Annual Deposits (June 2025)

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the BMO Harris Bank in Brookfield, WI. BMO is an investment-grade credit tenant (S&P: A+) and is publicly traded (NYSE: BMO) with a market cap exceeding $94 billion. The absolute NNN lease has ~5 Years remaining in the primary term with 1.5% annual rent increases accompanied by seven, 5-year option periods. With zero landlord responsibilities, this asset is ideal for a 1031 exchange or coupon clippers desiring years of inflation-resistant cash flows. The 9,829-SF bank building with three drive-thru lanes on a spacious 2.74-acre parcel is located directly on the hard-corner intersection of W Capital Drive (I-41 ALT) and Gateway Road, which has a combined traffic count surpassing 36,300 VPD. Brookfield is part of the Milwaukee-Racine-Waukesha combined statistical area, which has a population of over 2 million, and is within 20 miles of downtown Milwaukee. The branch has annual deposits exceeding $72 million with strong historical performance. This is an excellent opportunity to purchase an investment-grade single-tenant absolute net leased bank with 35 years in option periods, annual rent increases, and zero landlord responsibilities.

FOR SALE DETAILS

PRICE

$3,540,700 USD

PRICE/SF

$355 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BMO Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

2.74 AC

LAND SF

119,354 SF

ZONING

B

APN/PARCEL ID

BRC-1035-014

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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Jereme SnyderColliersMore Info
949-724-5552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.