9050 N 19th Ave

On offer is a 6.67% Cap Triple Net Corporate Building Lease for a

BMO Bank N.A. branch in Phoenix. BMO Bank N.A. boasts $290

Billion in Assets, a $93 Billion Market Capitalization, with this

branch having $50 Million in Deposits.

With a long-term Tenant on their first five-year Lease Extension,

the Lease calls for seven additional five-year Options. The property

consists of a 4,358 SF building on a 39,640 SF lot and features

three drive-thru tellers, and 34+ parking spaces.

Positioned prominently on a high-traffic street with car counts

ranging from 35,000 to 40,000 vehicles per day in front of the

building (and similar counts at the nearest intersection) the

property is located about a mile to Interstate 17.

While Phoenix ranks as the 5

th largest U.S. city by population as of

2024, the 2024 Population Estimate for a 5-Mile Radius boasts

443,000 people, with 2029 Population Projections pushing closer

to 478,000 people. This growth is driven in large part by the

“Silicon Desert” expansion happening in the greater Phoenix area.