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Bank of America Absolute NNN

2851 POST RD · PLOVER, WI 54467 · Banking / Financial

Asking price
$1,303,000
Cap rate
7.00%
NOI
$91,204

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We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining5.0 yrs
Expiration
Rent bumps1.50 Annually in Options
Options
Ground leaseNo
Credit profile
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF5,318
Price / SF$245
Year built1995
Lot size1.37 ac
TypeBank
Days on market35

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

Investment Grade Credit | Corporate Guarantee - BMO Bank N.A. (S&P: A+) serves as a premier, investment-grade tenant, offering investors a high degree of capital security and lease-term stability. As one of North America's most established financial institutions, BMO operates with a massive global footprint of 125,000+ employees and a robust network of 600+ branches, with total assets over $1.5 trillion, ensuring a dependable, "flight-to-quality" credit profile for the asset.

Absolute Passive Ownership – Zero Landlord Responsibilities - Absolute NNN lease structure — the tenant is responsible for all taxes, insurance, common area maintenance, repairs, and capital expenditures. Zero ongoing landlord management responsibilities make this an ideal 1031 exchange replacement asset, IRA / retirement-plan holding, or estate planning vehicle.

Recently Extended Lease Term - BMO Bank's recently executed a 5-year lease extension, reflecting an unambiguous, voluntary corporate commitment to this site. Lease extensions of this magnitude are the strongest qualitative indicator that a tenant views a location as mission-critical to its branch network.

Mission-Critical, Deposit Branch - The subject branch holds approximately $75.1 million in deposits — a meaningful deposit base that materially exceeds the threshold for what BMO considers a profitable, retention-priority branch in a secondary or tertiary market. The branch has a Nearly 60-Year Banking Site: Banking operations have been continuously conducted at the 2851 Post Road site since 1967, with BMO Harris Bank as the branded operator on site since 2016 — a multi-decade operating history through multiple economic cycles, bank consolidations (M&I → BMO Harris → BMO Bank), and the rise of digital banking.

Affluent Trade Area – Superior Demographic Profile - The property serves a high-income consumer base, with an average household income exceeding $104,000 within a 3-mile radius, and a highly educated workforce with over 42% of Plover Residents aged 25+ hold a bachelor's degree or higher. These strong demographics support a sophisticated banking clientele and provide a stable economic environment that sustains high deposit levels and commercial demand.

Strategic Regional Hub – High-Traffic Gateway Location - Situated in a high-visibility corridor, the branch is strategically positioned at the confluence of the region's most traveled arteries. Located directly off U.S. Route 51 and just north of Highway 54, the site benefits from a constant flow of commuter traffic and serves as a primary financial anchor for the surrounding retail and residential community.

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.