THE BMO HARRIS BUILDING - LoopNet

COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]

Offering MeMOranduM

THE BMO HARRIS BUILDINGUNIT 301 | 3,940 SF | CLASS A BUILD-OUT | WOOD LOOK PORCELAIN TILE


PROPER T Y SN APSHO T

ANCHOR TEN ANT (no t i n c l uded i n sa l e )

LOC AT ION OVERV I EW

UNIT 301 L AYOUT

PROPER T Y PHO T OS

MARKET AREA

CONTACT INFORMAT ION

TABLE OF CONTENTS

F O R M O R E I N F O R M A T I O N , C O N T A C T :

COSTEL VANATORULic. Real Estate [email protected]

VanWald & Associates LLC • 6000 Metrowest BLVD, STE 101, Orlando, FL 32835& A S S O C I A T E S

DisclaimerThis Offering Memorandum is provided by Vanwald and Associates, solely for your consideration of the opportunity to purchase the commercial property described herein. This Offering Memorandum may be used only as stated herein and shall not be used for any other purpose, or in any other manner, without prior written authorization and consent of Vanwald and Associates.

This Offering Memorandum does not constitute or pertain to an offer of a security or an offer of any investment contract. It contains descriptive materials, financial information and other data compiled by Vanwald and Associates for the convenience of parties who may be interested in the subject property.

The information contained is not all inclusive and is not represented to include all information that may be material to an evaluation of the acquisition opportunity presented. Vanwald and Associates has not independently verified any of the information contained herein and makes no representations or warranties of any kind concerning the accuracy or completeness thereof. All summaries and discussions of documentation and/or financial information contained herein are qualified in their entirety by reference to the actual documents and/or financial statements, which upon request may be made available.

An interested party must conduct its own independent investigation and verification of any information the party deems material to consideration of the opportunity, or otherwise appropriate, without reliance upon Vanwald and Associates. Legal Disclosure: One of the sellers holds an active real estate broker’s license in the State of Florida.


ProPer t y Sn aPSho t

PROPERTY SNAPSHOT

Property BMO Harris Building, Unit 301

Address4502 Cortez rd W, Unit 301, Bradenton, FL 34210

County Manatee County

Type Office Condo

Best Suited for Professional Office, Medical, etc.

Parking Ample Shared Parking Available

Zoning Commercial

Land Use 1555 - Multi Story Office Building

Class A

Year Built 2006

Unit Size 3,940 SF +/-

Rentable SF 4,728 SF +/-

Condition Fully Built-Out - Class A

Flooring Type Modern Gray Wood-Look Porcelain Tile

Floor Third Floor

Occupancy Vacant

Unit Price $850,000

Price/SF $215.74

Vanwald & Associates is pleased to present the opportunity to own Unit 301 of the BMO Harris Building, located in a Class A building at 4502 Cortez Rd W, Bradenton, FL 34210.

CLASS A BUILDING√The unit is located on the third floor of a highly upgraded Class

A building on busy Cortez Road W, in Bradenton, Florida. The building shows great, both inside and out. The anchor tenant is the BMO Harris Bank Cortez Branch, having the second highest deposits in Florida. This speaks volumes for the strategic location of the building.

CLASS A BUILD-OUT√The unit is located on the third floor of this beautiful Class A

building on busy Cortez Road, in Bradenton, Florida. The current build out is very contemporary, in like new condition, with lots of windows allowing natural light into the suite at all hours of the day, as well as brand new modern gray wood-look tile flooring all throughout.

The suite is currently built-out as a professional office. See plan on page 6.

OWNER FINANCING POSSIBILITY√The owner is willing to offer owner financing to qualified buyers.

For more details on terms, please contact the listing broker.

Unit 301 | Class a BUild-OUt | new POrCelain tile FlOOring | landmark BUilding

CLICK HERE FOR VIRTUAL TOUR!

https://my.matterport.com/show/?m=2sW5xUCs95C


anchor ten ant

BMO Harris Bank | $77.5B in Deposits | $55.1B Market Cap• Second Largest Bank in Deposits in Chicago MSA with $43 Billion• Second Largest Deposits in Florida (BMO): $56,675 MIL• 8th Largest Bank in North America as Measured by Assets

History

Established in 1882 as Harris Bank, and owned by BMO Financial Group (TSX, NYSE: BMO) since 1984, BMO Harris Bank has grown to become one of the largest banks in the Midwest serving per-sonal, commercial and affluent customers.

BMO Harris Bank provides a broad range of personal banking products and solutions through over 600 branches and approx-imately 1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Mis-souri, Minnesota, Arizona and Florida. These include solutions for everyday banking, financing, investing, as well as a full suite of integrated commercial and financial advisory services. BMO Harris Bank’s commercial banking team provides a combination of sec-tor expertise, local knowledge and mid-market focus throughout the U.S. We partner closely with BMO Private Bank who serve a full range of client segments, from mainstream to ultra-high net worth, with a broad offering of wealth management products and solutions offered through offices across the United State.

We focus on building relationships with a vision to be the bank that defines great customer experience — building that reputa-tion with new customers and deepening it with existing customers. We're building our presence and making it easier for customers to do business with us through an integrated network of branches, mobile banking, online banking and ATMs, along with the exper-tise of our mortgage specialists, commercial bankers and financial planners. Our goal in everything we do is to help our customers make sense of complexity, make better choices in investing, saving and borrowing and have confidence. We help our customers make money make sense by delivering the broadest range of financial services. And, we have a deep commitment to the communities where our employees work and live.

Founded 1882 as N.W Harris & Co.

Established UnderCurrent Charter

2011 BMO Harris Bank National Association

Parent Company Bank of Montreal

U.S Holding Co. BMO Financial Corp.

President and Chief Executive OfficerBMO Harris Bank N.A

David Casper

Headquarters 111 W. Monroe St. Chicago IL 60603

Branches Over 570 in Illinois, Arizona, Missouri, Minnesota, Kansas, Florida, and Wisconsin

ATMs Access to over 43,000 ATMs

Affiliated Businesses and Divisions

BMO Wealth ManagementBMO Capital Markets

Additional Affiliated Locations California New York Virginia

Colorado Oregon Washington

Georgia Texas Washington D.C.

Massachusetts Utah

Asset Information(U.S. Dollars)

BusinessQuarterly Average (Q4)

Period Ending

BMO Harris Bank N.A $104.0 billion+/- $106.0 billion+/-

BMO Financial Corp. $127.5 billion+/- $130.6 billion+/-

BMO Financial Group - U.S.

$204.5 billion N/A

BMO Financial Group $567.2 billion $550.3 billion

Total Number of EmployeesAcross U.S. Businesses

Over 14,000

A-1/A+ STABLE

Ticker TSX,NYSE: BMO

www.bmoharris.com

Proven Location

The BMO Harris Bank found this location suitable for their Cortez Rd Branch with proven success. The location ranked No.2 in deposits in Florida, according the bank’s FDIC Deposits Disclosure. As a result, the BMO asked for another renewal, allowing them at least 15 more years at this location.

The BMO Branch is not included in the sale.


Loc at ion overv iew

INCREDIBLE LOCATION:AT CORNER

High Net Worth Area

The Office Building benefits from a very central location, with easy access to many local points of interest, as well as the Interstate and Main Thoroughfares.

The property is located across from Publix, and directly adjacent to a shopping center anchored by Hobby Lobby and Outback Steakhouse.

CORTEZ RD W

43rd ST W


Unit 301 | Class a BUild-OUt | new POrCelain tile FlOOring | landmark BUilding

DN

Office

Office

Office

Office

Office

Office

Office

OfficeOffice

Office

OfficeOfficeOffice

Conference

Office Office

Reception

OpenWorkArea

KitchenbrakeArea

MechanicalRoom

UNIT 301Current Build-Out

UNIT 301Third Floor. Position in the Building

Site PL an

Lobby Area


interior rePreSentative PhotoS


ProPer t y Pho t oS


Market areaMANATEE COUNTYPrior to the 16th century, the area that would eventually become Manatee County was the peaceful dwelling ground for the Tocobagan Indian tribe. Their villages included mounds of earth, shell and stone.

The lives of the indigenous people were forever changed when Spanish ex-plorer Hernando de Soto and his more than 600 men arrived at the mouth of Tampa Bay in 1539. In their pursuit of gold, the Tocobagan people were gradually pushed out. De Soto eventually abandoned the area and headed northeast through what is now Georgia, Alabama and Arkansas before per-ishing on the banks of the Mississippi River.

Fast-forward 300 years when new settlers arrived due in part to free land offered by the United States government. The catch? Those families had to agree to stay in the region at least five years and build a home. One of those settlers was Josiah Gates, who in 1842 lived at what is now 15th Street East in Bradenton.

Following in Gates' footsteps were two brothers, Hector and Joseph Braden, who settled in the area with their families in 1843. Manatee County's largest municipality, originally called "Bradentown", was named after the duo.

In 1855, Manatee County was booming with farmers, cattle ranchers and citrus growers. That same year, the county was incorporated and named for the local mammal that swam in nearby waters.By the turn of the 20th century, a railroad was constructed in the county, igniting an even bigger fire for the agricultural boom. Settlers found wealth by shipping produce to places throughout the Southeast via rail. Today, the area still thrives from agricultural operations, which is second only to tour-ism in economic impact.One of the must-see stops for visitors to Manatee County is the Parker Man-atee Aquarium, part of the South Florida Museum and Bishop Planetarium complex. There, guests are greeted by the world famous Snooty. The coun-ty's most popular mammal is the oldest known manatee in the world--and a Guiness World Record honoree. For those who can't visit in person, the aquarium's Snooty Cam is a great way to see this precious native.Historical and cultural opportunities abound in Manatee County, enjoyed by residents and visitors alike. The Manatee Village Historical Park has numer-ous buildings and exhibits that depict the community's past and ties to the railroad. And for 75 years, the month-long De Soto Heritage Festival--in-cluding Florida's largest nighttime parade--has been commemorating the historical significance of the Spaniard's landing near the mouth of the Man-atee River.

More than half of Manatee County's workforce is employed in local service industries or retail trade. Their skill helps support the region's booming tourism and retirement industries. As it has in years past, the agricultural industry continues to employ a large workforce as well, contributing to the vitality of the local economy. Major crops include citrus, tomatoes, cabbage, watermelon, cucumbers, and green peppers. Beef and dairy production also play a significant role in Manatee County's well-being.

Manatee County has developed a reputation for being "business-friendly" by assisting prospective businesses in their relocation efforts. Local government works in concert with area business leaders to devise financial incentives, developers' agreements, and other programs to make Manatee County hospitable to new businesses.

Manufacturing, agribusiness, and fishing are important parts of the local economy. Port Manatee and the Sarasota Bradenton International Airport help connect Manatee County businesses to the world.

Manatee County is situated within the Tampa Bay Metropolitan region - the 12th largest media market in the U.S. - and continues to be a vastly appealing place for businesses of all sizes and types.

A number of attributes contribute to the advantageous economic climate of Manatee County, including its high quality of life that attracts a diverse, highly skilled labor force and business base; strong, established infrastructure; excellent transportation options through major highways, international airports and Port Manatee; and outstanding support and training opportunities through such entities as the Manatee Chamber of Commerce and its Economic Development Council, area institutions fo higher learning and a multitude of local business-oriented organizations.


Market areaIMG ACADEMY,is a boarding school and sport training destination in Braden-ton, Florida, United States. The boarding school offers an in-tegrated academic and athletic college preparatory experience across eight sports – baseball, basketball, football, golf, la-crosse, soccer, tennis, and track & field and cross country. IMG Academy offers camp programs on a year-round basis, serves as a training and competition venue for amateur, collegiate, and professional teams, adults and families, and a host site for a variety of events.

Saint Stephen’s Episcopal SchoolAmong the most respected independent, college preparatory schools in the nation, Saint Stephen’s Episcopal School provides a world-class education for students in grades Pre-K3 through 12. At every level, students are nurtured in small classes, encouraged and supported by outstanding faculty who help them navigate a carefully designed and balanced curriculum of academic rigor and character development.

Tropicana's home office is in Bradenton...

Tropicana Products, Inc. (Manatee County)

World’s leading producer and marketer of branded fruit juices.

President: James E. DwyerAnnual Sales: $2.3 billionEmployees: 5,200 worldwide; 3,200 in Manatee/SarasotaFounded: 1947Website: www.tropicana.com

Tropicana is the No. 3 brand in U.S. grocery stores and is sold in 30 countries worldwide.


F O R M O R E I N F O R M A T I O N , C O N T A C T :

VanWald & Associates LLC • 6000 Metrowest BLVD, STE 101, Orlando, FL 32835& A S S O C I A T E S

COSTEL VANATORULic. Real Estate [email protected]

contact inforMat ion

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