BMO Harris Bank Branch
103 W Bloomingdale Ave
Brandon, FL 33511
Highlights
- $61.4m in deposits for 2024
- Recent 5-year lease renewal & 5 year option (executed 2/25)
- Outparcel in attractive center
- Excellent frontage and parking
- 40k AADT
Description
This is the sale of a well located BMO Harris bank branch outparcel to the Bloomindale Commons shopping center. The tenant has just executed a 2nd 5-year option with a remaining 5-year option. Deposits are over $61 million for 2024. Bank is attractive with standing seam metal roof, brick exterior walls, excellent signage and 3 covered car lanes with pneumatic tube system. Property boasts 52 parking spaces as well as a cross parking easement with surrounding center. Sit back and clip coupons with this stable and appreciating asset in high growth 301 Corridor section of Southshore (Hillsborough County).
The property is well located on the southwest corner of the lit intersection formed by W Bloomindale Ave and John Moore Road and is a well designed outparcel to the Bloomindale Commons shopping center. The most recent AADT count was reported at 40,200 trips and has excellent visibility in all directions.
