Listed by NAI Business Properties
$1,315,000
Downtown Fully Leased Investment
Details
Property Type Retail, Office
Sub Type Restaurant, Traditional Office
Square Footage 5,995
Units 3
Cap Rate 6.04%
NOI $79,417
Occupancy 100%
Tenancy Multi
Price per SqFt $219
Year Built 1995
Year Renovated 2005
Acreage 0.161
Zoning CBD
Investment Type Stabilized
Retail | 6.04% CAP | 5,995 SqFt
Marketing description
Discover the potential of this exceptional 5,995 SF building, perfectly suited for a retail or street retail investor. Built in 1995 and tastefully renovated in 2005, this property offers modern amenities and a prime location in the heart of the Billings area, with a sought-after CBD zoning. With its generous square footage and strategic positioning, this property presents an outstanding opportunity to establish a thriving retail presence in a dynamic and growing market. Don't miss the chance to make your mark in the retail landscape of Billings with this impressive property.
Investment highlights
- 5,995 SF building
- Built in 1995, renovated in 2005
- Zoned CBD
- Fully leased
- Prime location in Billings area
Listing Contacts
Listed by NAI Business Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,416.68
$6,618.06/mo
Valuation Metrics
0
DSCR
6.04%
Cap Rate
6.04%
ROI
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