5704 West Glenn Drive, Glendale, AZ, 85301, US

BMO Harris Bank - Glendale, AZ

描述

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the BMO Harris Bank located at 5704 W Glenn Drive Glendale, Arizona (“Property” or “Asset”). BMO is operating on an absolute NNN lease with ±4.7 years of primary lease term remaining, 2% annual rent escalations, eight, five-year renewal options and zero landlord responsibilities.

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属性

询价

¥23,916,000

资本化率

6.5%

净运营收入

¥1,555,000

加权平均未到期租赁期

4.7 年

建筑净面积

636 平方米

土地总面积

0.27 公顷

媒体

投资亮点

Operating on an absolute NNN lease with ±4.7 years of primary lease term remaining and 2% annual rent escalations
Highly trafficked commercial corridor off Grand Avenue with 48K VPD
BMO Harris Bank is the #8 largest bank in North America
Investment grade tenancy (S&P: A+) with $1.5 trillion in total assets
Strong demand characteristics driven by 5-mile population of 478K earning $85K AHHI
Nearby State Farm Stadium that hosts 1.2 million visitors annually