Bank of America Ground
4040 Montgomery Road Loveland, OH 45140
4040 Montgomery Road, Loveland, OH, 45140
$2,977,000
For Sale
$2,977,000
NNN ground lease with Bank of America in Loveland, OH.
Days on Market137
Property Features for 4040 Montgomery Road
General Information
- Standard status
- Active
- Property subtype
- Bank
Building Details
- Year Built
- 2019
Listing agency
Faris Lee Investments
(949) 933-7958
Listed by
Scott De Young · License #CalDRE #01889050
(949) 933-7958
Source
Farislee
Added: Mar 6 Updated: Jul 10 at 1:00PM Checked: Jul 21 at 5:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Faris Lee Investments
Investment Insights
Based on property information with market context.
This property features an absolute NNN ground lease with Bank of America, in place since 2019, covering all building and site maintenance. The location is on Montgomery Road near I-71, with a traffic volume of 28,900 vehicles per day. The surrounding area includes high-traffic retailers such as Costco, Target, Home Depot, and Meijer. Bank of America is an A+ rated, investment-grade institution with a substantial market capitalization and a large customer base. As the second-largest U.S. bank, it holds over 10% of all American bank deposits. The property is located in a CRA zone and serves as Bank of America’s sole branch in Warren County, supporting community development and regulatory compliance. The lease includes built-in rent growth, with an 8% increase in 2029 and 10% increases in each of the eight 5-year options.
Key Highlights
- Long‑term absolute NNN ground lease with Bank of America in place since 2019, requiring no landlord responsibilities.
- Built‑in rent growth: 8% increase in 2029 and 10% bumps in each of the eight 5‑year options.
- Investment‑grade Bank of America tenant with a $388B market cap and extensive global operations.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banks
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FAQs
What type of property is this?
Bank - NNN ground lease with Bank of America in Loveland, OH.
Where is this bank located?
The property is located at 4040 Montgomery Road Loveland, OH.
What is the asking price?
The asking price for this property is $2,977,000.
What are key features of this property?
This property features: Long‑term absolute NNN ground lease with Bank of America in place since 2019, requiring no landlord responsibilities.; **Built‑in rent growth**: 8% increase in 2029 and 10% bumps in each of the eight 5‑year options.; Investment‑grade Bank of America tenant with a $388B market cap and extensive global operations.
