B of A / Long Term Lease/ S&P Credit: A+ 4040 Montgomery Rd Local commercial 387 m² À vendre Loveland, OH 45140 2 776 089 € (7 174,45 €/m²) Taux de capitalisation 5,25 %

OHIO BROKER OF RECORD... MICHAEL HALONEN ... Edge Real Estate Group ... OH BRKP. 2008000166
Faris Lee Investments proudly presents a premier investment opportunity secured by a single-tenant NNN ground lease with Bank of America, located along the high-traffic retail corridor of Montgomery Road in Loveland, OH. This Bank of America branch serves as a critical strategic asset, identified as the bank’s sole physical presence within Warren County. This unique positioning makes the site an indispensable geographic linchpin for the bank’s federal Community Reinvestment Act (CRA) compliance, safeguarding the location against closure and ensuring long-term tenancy. Situated in a robust commercial hub with over 28,900 vehicles per day, the asset benefits from excellent visibility and high-profile neighboring co-tenancy including Costco, Target, and The Home Depot.
Bank of America, a Fortune 500 company and an investment-grade credit tenant with an A+ S&P rating, offers exceptional stability for investors. As the second-largest financial institution in the U.S., Bank of America serves over 69 million customers worldwide, operating approximately 3,700 retail centers and more than 15,000 ATMs. The tenant has been successfully operating at this location since 2019, servicing a highly affluent client base with average household incomes exceeding $165,000. The absolute NNN ground lease structure creates a true passive investment; Bank of America is responsible for all property expenses, including roof, structure, parking lot, CAM, property taxes, and insurance, resulting in zero landlord responsibilities.
The lease offers attractive, guaranteed revenue growth that acts as a hedge against inflation. The agreement features a scheduled fixed rental increase of 8% occurring in January 2029. Additionally, the lease structure includes 8 (5-year) renewal options, each featuring a 10% rent increase. These contractual escalations provide investors with a secure, rising yield over the holding period, enhancing the overall return on investment.
Set on a 1.23-acre parcel, the property is intrinsically valuable due to its location within the heart of a premier Cincinnati suburb. The branch serves a dense and wealthy trade area, boasting a population of over 132,700 residents within 5 miles. This exceptional demographic profile supports a robust wealth management business model, ensuring strong demand for financial services and complementing the branch’s deposit base of $36.2M.
With over 120 years of history and industry leadership, Bank of America remains the gold standard in American banking. This high-quality, ground-leased asset offers investors stable returns, income growth potential, and the security of a globally recognized tenant in a highly desirable Cincinnati location.