National Investment Grade Tenant - S&P Investment Grade A+ Asset: Absolute NNN Lease with BMO Bank (NYSE: BMO)
High Deposits: #1 deposit share in the Assessment Area (per the Office of the Comptroller of the Currency).
BMO Bank: 8th largest bank in North America by assets and serves millions of customers across Canada and the United States. Headquartered in Chicago, it operates as the U.S. subsidiary of the Bank of Montreal, one of Canada's "Big Five" banks.
Tenured Tenant with Recurring Lease Extensions: Property has operated continually as a bank since 1987 with a recently executed 5-year renewal to start 01 Dec 2026, featuring 1.5% rent escalations) with 7 remaining 5-year extensions.
STRONG Commitment to the location: Several building upgrades including recently replaced roof (2022); Recent parking resurfacing (2023); $522,000 interior refresh (2025)