Banking Center with
For Sale
Contact for pricing
201 Allen St, Random Lake, WI 53075
Investment-grade single-tenant banking center featuring drive-thru service under an absolute NNN lease.
Property SizeContact for details
Days on Market121
Property Features for 201 Allen St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Matthews
Listed By:
Cade Norland · License #02120126
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 3:03PM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale banking center is leased to BMO Harris Bank N.A. and is described as investment-grade, with an A+ credit rating noted in the remarks. The property includes a drive-thru and is presented as fully-equipped for banking operations. The lease is characterized as Absolute NNN, with the landlord described as having zero responsibilities and structured to provide passive income.
The lease includes 1.50% annual rental increases, according to the provided remarks. The property is offered as an NNN investment with ongoing lease terms supported by the stated credit profile of the tenant.
Overall, the asset’s key attributes are the single, credit-rated tenant and the drive-thru configuration, combined with an absolute NNN structure and annual rental increases.
The lease includes 1.50% annual rental increases, according to the provided remarks. The property is offered as an NNN investment with ongoing lease terms supported by the stated credit profile of the tenant.
Overall, the asset’s key attributes are the single, credit-rated tenant and the drive-thru configuration, combined with an absolute NNN structure and annual rental increases.
Key Highlights
- Single‑tenant banking center with a drive‑thru service component
- Absolute NNN lease structure provides 100% passive income with zero landlord responsibilities
- Tenant is BMO Harris Bank N.A. with an A+ credit rating (S&P: BMO Harris Bank N.A.)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
2,222 visits/mo
0.3 miles
Napa Auto Parts
Shops & Services
467 visits/mo
0.3 miles
Demographics for 53075, WI
3,219
Population
1,475
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
94%
High-School Grad
36.5 sq mi
ZIP Area
88
Density / Sq Mi
$90,917
Median Household Income
$49,385
Median Earnings
$890
Median Rent
$273,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bank - Investment-grade single-tenant banking center featuring drive-thru service under an absolute NNN lease.
Where is this bank located?
The property is located at 201 Allen St Random Lake, WI.
What are key features of this property?
This property features: Single‑tenant banking center with a drive‑thru service component; Absolute NNN lease structure provides 100% passive income with zero landlord responsibilities; Tenant is BMO Harris Bank N.A. with an A+ credit rating (S&P: BMO Harris Bank N.A.)
