Search
Bank of America Ground Lease
For Sale
$2,977,000

4040 Montgomery Road, Loveland, OH 45140

NNN ground lease with Bank of America in Loveland, OH.

Property Size4,165 SF
Days on Market168

Property Features for 4040 Montgomery Road

General Information

Standard status Active
Size 4,165 SF
Property subtype Bank
Net Operating Income $171,180

Building Details

Building Size 4,165 SF
Year Built 2019
Listing Agency: Faris Lee Investments
Listed By: Scott De Young · License #CalDRE #01889050
Source: Farislee
Added: Mar 6 Changed: Aug 12 Last Checked: Aug 20 at 5:06AM

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

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Restaurant Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby

Demographics for 45140, OH

56,386
Population
22,684
Households
2.5
Avg Household Size
40
Median Age
53%
College-Educated
97%
High-School Grad
44.1 sq mi
ZIP Area
1,279
Density / Sq Mi
$110,781
Median Household Income
$58,882
Median Earnings
$1,379
Median Rent
$340,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message