This offering presents a premier investment opportunity featuring two BMO Bank locations in the heart of Rhinelander, Wisconsin, at 7 North Brown Street and 210 North Davenport Street. Anchored by a long-term triple net lease with BMO, the properties benefit from 6.8 years of remaining lease term, with three five-year renewal options available. BMO, rated A+ by S&P and Aa2 by Moody’s, is the 14th largest bank in North America, operating over 1,000 branches across the United States, and reports approximately $120 million in total deposits at this location.
Situated on a prominent corner in downtown Rhinelander—recognized as the “Best City in Wisconsin” in 2023 by the Milwaukee Record—the portfolio includes a full-service branch and a five-lane drive-thru facility. The centralized location offers strong visibility along N Brown Street and Davenport Street, combining a high-traffic setting with walkable access to the city’s retail and service core. In addition to BMO, other tenants include Skin Win Dermatology, Moments Hospice, and United Way, creating a diverse and established tenant mix.
The offering comprises a 1.32-acre parcel with redevelopment potential and drive-thru capabilities, providing both stability and future upside. With BMO covering CAM, real estate taxes, and insurance, investors enjoy a predictable, low-maintenance investment structure supported by a high-credit national tenant in a growing regional hub.