BMO Bank – Sauk City, WI

We are pleased to exclusively offer for sale the 6,618 SF BMO Bank Absolute NNN located at 615 Water Street in Sauk City, WI. This investment is backed by BMO Bank, an investment-grade financial institution, with the Sauk Prairie branch commanding ~64% of the local deposit market share and demonstrating a strong, established customer base. BMO recently exercised a 5-year renewal, extending the lease through November 2031, with 1 additional 5-year option remaining and scheduled annual rent increases providing contractual cash flow growth.

• Dominant Local Banking Position: The Sauk Prairie branch reported ~$119 million in deposits as of June 30, 2025, representing ~64% of local deposit market share. This level of branch concentration indicates an established customer base and meaningful importance within the local banking market.
• Recent 5-Year Renewal by BMO: BMO has exercised its current 5-year option, extending the lease through November 30, 2031. The recent renewal provides tangible evidence of continued tenant commitment to the location, with 1 additional 5-year option remaining.
• Investment-Grade Banking Platform: BMO Financial Group is the 8th largest bank in North America by assets, with ~$1.5 trillion in total assets as of April 30, 2026. BMO Bank maintains investment-grade senior debt and deposit ratings with stable outlooks across the major rating agencies.
• Absolute Triple Net (NNN) Lease Structure: Absolute Triple Net (NNN) Lease structure, with the tenant responsible for property-level operating expenses.
• Contractual Rental Growth: Annual rent increases to $136,682 on December 1, 2026, with additional scheduled increases throughout the exercised option period. The contractual growth provides increasing cash flow without additional landlord capital.
• Freestanding Bank Branch with Substantial Improvements: The property contains 6,618 SF, including a full finished basement, and occupies 0.95 acres. The freestanding configuration provides dedicated parking, bank infrastructure, and a meaningful underlying land component.
• Established Sauk Prairie Trade Area: The property serves the contiguous Sauk City and Prairie du Sac communities within the broader 16-municipality Sauk Prairie district. The area is positioned ~25 miles from downtown Madison and 20 miles south of Wisconsin Dells, with regional demand supported by healthcare, construction, manufacturing, corporate employers, and year-round recreation tied to the Wisconsin River and Lake Wisconsin.
• Long-Standing Full-Service Branch: Branch records indicate that the Sauk Prairie banking office has served the market since 1913. BMO currently operates the location as a full-service branch offering personal and commercial banking, lending and investment products, ATM services, and multiple sizes of safe-deposit boxes. The long operating history and broad service offering distinguish the location from a limited-service or transactional banking outpost.
• Affluent Sauk Prairie Household Base: The contiguous Prairie du Sac–Sauk city urban area has ~7,684 residents and a median household income of ~$97,578, roughly 20% above the national median. ~49% of households earn more than $100,000 annually, supporting a stable consumer, business, and deposit base.
• Major Regional Healthcare Hub: Sauk Prairie Healthcare operates a 37-bed acute-care hospital and 6 primary-care clinics serving more than 45,000 patients across the surrounding region. Following its combination with Prairie Clinic, the locally owned health system reported a workforce of more than 900 employees, including 49 physicians and 68 advanced-practice providers.
• Diversified Corporate and Manufacturing Base: Prairie du Sac is home to Culver Franchising System and the corporate headquarters of Mueller Sports Medicine. Mueller’s local campus includes research and development, laboratories, manufacturing facilities, shipping operations, and 3 warehouses, providing the market with corporate, manufacturing, and distribution employment beyond healthcare and tourism.
• Year-Round Recreation and Tourism Demand: The Sauk Prairie Riverway is positioned near the Wisconsin River, Lake Wisconsin, Wisconsin Dells, and 4 state parks. Nearby Devil’s Lake State Park, Wisconsin’s most-visited state park, attracted nearly 2.3 million visitors in 2025, providing the broader region with substantial seasonal and year-round visitor activity.

In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker – Lic. #938545-91 BoR: Scott Reid – Lic. WI #58772-90