Shops II - The Bridges - Tucson, AZ
3460 South Kino Parkway, Tucson, AZ, 85713, US
SEK 47,147,000 | 685 m²
Description
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.
...
Attributes
Asking price
SEK 31,938,000
Cap rate
6.5%
NOI
SEK 2,077,000
WAULT
4.7 years
Building area net
636 m²
Land area gross
0.27 ha
Media
Investment Highlights
- 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
Contact brokers
BMO Harris Bank - Glendale, AZ (0 Properties)
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
24 Jul 2025
