Investment Overview

The DiSalvo | Bender | Nulf Group of Marcus & Millichap is pleased to present for sale the BMO Harris Bank Branch, a premier single-tenant property located at 12620 E 116th St, Fishers, IN, 46037. This 3,127-square-foot building is 100% leased to BMO Harris Bank, one of the largest financial institutions across North America. This offering represents a rare opportunity to acquire a stable, long-term investment with a strong credit tenant in place in a fantastic location. Market: The BMO Harris Bank Branch is strategically located in a thriving commercial district surrounded by a mix of retail, office, and residential developments. Located in the City of Fishers, the area benefits from high traffic counts (26,536 VPD), robust demographics, and close proximity to key transportation routes making it a prime location for business operations. Fishers is one of the fastest-growing cities in Indiana and is consistently ranked as one of the top places to live in the United States. The surrounding community includes a diverse mix of restaurants, shopping centers, and professional services, ensuring sustained demand for commercial space. Additionally, directly adjacent to the north of the subject property is a new $6 million indoor pickleball facility set to be delivered in Q1 of 2025. The facility is the first of its kind and will operate year-round, 24 hours a day. WHY BMO HARRIS BANK? This investment offers a unique combination of stability and growth potential. With a creditworthy tenant, a high-quality asset, and a prime location, the property is well-positioned to deliver consistent returns for years to come. The long-term NNN lease structure minimizes management responsibilities, making this an ideal investment for those seeking passive income with minimal oversight. Stable Current Tenant Mix: The property has been leased to this Tenant since 2004 and they exercised their first five-year extension with seven (5) year renewal options remaining. The tenant's financial strength and long-standing commitment to the location provide a secure and reliable income stream for investors. BMO Harris Bank, as one of the largest banks in North America, boasts strong credit ratings and a solid track record of operational excellence. Since 2022, deposits in this branch specifically increased by over 25% from approximately $30,988,000.00 in 2022 to most recently posting $ $41,262,000.00 as of 6/30/2024 per the FDIC. This offering is a rare opportunity to acquire a premium asset with a blue-chip tenant in a prime location. For investors seeking a combination of stability, minimal management, and long-term value, the BMO Harris Bank Branch is an unparalleled investment opportunity. Location: The property is situated in a high-demand area with excellent visibility and accessibility to East 116th Street (26,536 VPD). It is conveniently located near major highways and thoroughfares, providing easy access for customers and employees alike. The surrounding area is characterized by strong population growth, economic development, and a diverse mix of businesses, making it a hub for commercial activity. Its close proximity to Geist Reservoir, The Hawthorns Golf and Country Club, The Yard at Fishers District, Topgolf, IKEA and many others further enhances its appeal to families and businesses alike. Property Features: The BMO Harris Bank Branch features modern construction, high-end interior finishes, and ample parking to accommodate tenants and visitors. The property is meticulously maintained, ensuring its appeal to both the tenant and future occupants. The building's design and functionality align perfectly with the tenant's operational needs, reinforcing their commitment to the location.