Storebuild LLC
Storebuild LLC
Listed by Storebuild LLC
$4,624,218
BMO Bank | 15 Year Lease | Absolute NNN
Details
Property Type Retail
Sub Type Bank, Convenience Store
Square Footage 4,891
Cap Rate 5.50%
NOI $254,332
Occupancy 100%
Tenancy Single
Brand/Tenant BMO Bank
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 11/30/2040
Remaining Term 14.4
Rent Bumps Yes
Lease Options Six (6) five (5) year options
Class A
Year Renovated 2025
Buildings 1
Acreage 0.860
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 12/01/2025
Ground Lease No
Sale Condition For sale by owner
BMO Bank | 15 Year Lease | Absolute NNN
Marketing description
+-4,891 SF national bank branch in McHenry, IL. The building is ideally located on Richmond Rd, on the outlot of a Kohl's anchored center with two points of access; full access and right in, right out. This is a 15-year NNN lease with six (6) five (5) year options and 10% increases each 5-year period. Rent commencement date is December 1st, 2025. The property features strong building signage allowed on 2 sides of the building and is situated in an area with high residential density and high average household incomes.
Investment highlights
- BMO Harris Bank is one of the largest national banking brands in the U.S. with 10,000+ people, 600 plus branches and 1300 ATMs
- 15 - Year NNN lease with six (6) five (5) year options.
- $254,332 base rent / 10% Increases every 5-years
- Highly visible site with drive thru, newly constructed building and monument signage on busy corner
- Average HH Income $113,594 - 1 Mile Radius
- 64,316 people - 5 Mile Radius
Listing Contacts
Storebuild LLC
Storebuild LLC
Listed by Storebuild LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$254,332.00
$21,194.33/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
C-5 CommercialSpecial CommercialHighway Commercial District
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View all 154 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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