Listed by NAI Business Properties
$1,975,000
3016 Stower St
Details
APN 14174035310030000
Property Type Retail
Sub Type Street Retail
Square Footage 3,000
Units 2
Cap Rate 6.44%
NOI $127,200
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $658
Class A
Year Built 2024
Buildings 1
Stories 1
Lot Size (SqFt) 26,571
Investment Type Net Lease
Ground Lease No
Net Leased Retail Investment
Marketing description
Introducing a fully lease two tenant investment property consisting of brand-new retail space at 3016 Stower St, Miles City, MT. Enjoy prime visibility with a location directly in front of Walmart, guaranteeing high foot traffic and exposure. Conveniently situated near I-90, Intermountain Health, and the historic downtown area, this property offers great exposure and ample parking for tenants and excellent investment return for the investor. Shared ADA-compliant restrooms add convenience for both tenants and customers. Don't miss out on this incredible opportunity to invest in the Miles City market.
Investment highlights
- Net Leased Investment Property - Two Tenants, both strong operators with at least 8 locations each
- Jimmy Johns - New 10 year lease 2025 - 2% annual increases
- Papa Smokes - New 3 year lease April 2026 - 3% annual increases
- NOI $127,200
- 3,000 SF Building with drive-thru
- Low maintenance concrete parking lot
- Brand New Building in 2024
- Located at entrance drive to Wal-Mart
Listing Contacts
Listed by NAI Business Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,200.00
$10,600.00/mo
Valuation Metrics
0
DSCR
6.44%
Cap Rate
6.44%
ROI
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