201 Allen St Random Lake, WI 53075

Listing agency Matthews

Listed by Cade Norland · License #CA 02120126

Source Crexi

Added: Apr 12 Updated: Jul 21 at 11:55PM Checked: Jul 21 at 11:55PM

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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.

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.)

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FAQs

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.)