Listed by Endstate Commercial Partners
$12,100,000
77/131 Discovery Drive - Fully Leased Investment Property
Details
APN 00RGG42725
Property Type Office
Sub Type Executive Office
Units 2
Cap Rate 5.62%
NOI $679,538
Occupancy 100%
Tenancy Multi
Lease Term 5.2
Lease Expiration 11/30/2027
Remaining Term 1.5
Class A
Year Built 2,002
Year Renovated 2012
Stories 3
Acreage 1.950
Zoning R-O
Investment Type Core
Lease Commencement 10/01/2022
Office | 5.62% CAP
Marketing description
This fully leased office investment opportunity offers a unique opportunity to acquire a solid investment supported by leases with the State of Montana and MeatEater.
In total, the ±34,210 square foot property sits on ±1.95 acres. The first section, 9,184sf, was built in 1999 and is two (2) stories with an elevator. In 2012, a 25,120sf addition was built consisting of three (3) stories. Both of the buildings have their own elevator for exclusive use.
Investment highlights
Fully Leased to MeatEater and the State of Montana
Recently remodeled
Beautiful Setting with Mature Landscaping and Walking Paths
Listing Contacts
Listed by Endstate Commercial Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$679,538.00
$56,628.17/mo
Valuation Metrics
0
DSCR
5.62%
Cap Rate
5.62%
ROI
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