945 Cardinal Ln Green Bay, WI 54313

This exceptional investment opportunity presents a 4,801 square foot, single-tenant net-leased BMO Bank property situated in Green Bay, Wisconsin, at 945 Cardinal Ln, 54313. The property boasts a 6.00% cap rate and a substantial net operating income (NOI) of $145,265. Built in 1993, this bank branch sits on a 0.95-acre lot and benefits from a recently signed 10-year lease extension expiring September 30, 2034, with seven 5-year renewal options. The lease includes attractive 2% annual rent bumps, ensuring consistent income growth. BMO Bank, an investment-grade tenant with an A+ Standard & Poor's rating, has operated at this location since 2014, demonstrating a strong commitment to the site. The branch holds deposits exceeding $100 million, further solidifying its financial stability. This absolute triple-net (NNN) lease structure eliminates landlord responsibilities, making it a low-maintenance investment. The property's strategic location within the Green Bay MSA, near Interstate 41 (82,000 vehicles per day) and State Highway 29 (33,800 vehicles per day), provides excellent visibility and accessibility. The surrounding area is densely populated, with over 90,000 residents within a five-mile radius and a six-figure average household income of $104,779 within a one-mile radius. Strong neighboring businesses include Ace Hardware, CVS, McDonald's, Wells Fargo Bank, Dairy Queen, and Shell, creating a vibrant commercial environment. The asking price is $2,421,083, translating to a price per square foot of $504.29. This property offers a compelling combination of strong tenant credit, a long-term lease, and a desirable location, making it an ideal addition to any investment portfolio.