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29053567
29053591

40 Enterprise Blvd, Bozeman, MT 59718

RS
MT RRE-BRO-LIC-88623
Endstate Commercial Partners
Listed by Endstate Commercial Partners
$10,500,000
1027 days on market
Updated 79 days ago
Opportunity zone

40 Enterprise Blvd

Details
APN 00RGG42729
Property Type Office
Sub Type Executive Office
Square Footage 29,724
Net Rentable (SqFt) 29,724
Units 1
Cap Rate 5.32%
NOI $559,012
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Class A
Year Built 2000
Buildings 1
Stories 2
Acreage 3.030
Parking Spaces 148 spaces
Parking Per SqFt 4.98
Investment Type Stabilized

Class A Office Building South Of MSU

Marketing description

Discover the perfect investment in the heart of Bozeman, Montana with this exceptional office building located at 40 Enterprise Boulevard. Situated on a sprawling 3.03-acre lot, this Class A property offers a remarkable 29,724 square feet of space.

The property is located within Bozeman’s Opportunity Zone, just south of Montana State University. Built in 2000, the building can easily be adapted into a multi-tenant building, though it is currently fully leased to tenants Inhealth, Bozeman Health, and Proper Insurance. Proper Insurance has already committed to taking the Bozeman Health Space in April when they vacate.

The building's layout is based on a central core of restrooms, mechanical, elevator, and a stairwell with offices branching north and south, creating four leasable areas of around ±7,000 square feet each. The property is nicely landscaped, with ample parking on site.

Bozeman, Montana, is an affluent, high-velocity market, consistently ranking at the top of fast-growing small cities.

Investment highlights

  • Turnkey, well maintained Class A office
  • Located in the thriving city of Bozeman
  • Flexible floorplans to easily create a multi-tenant building
  • Robust office demand in this technology centered area
  • Ample paved parking
  • Beautiful park-like setting

Listing Contacts

RS
MT RRE-BRO-LIC-88623
Endstate Commercial Partners
Listed by Endstate Commercial Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$559,012.00
$46,584.33/mo

Valuation Metrics

0
DSCR
5.32%
Cap Rate
5.32%
ROI

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Additional Information

Name
Ryan Springer, CCIM
License
RRE-BRO-LIC-88623
Brokerage
Endstate Commercial Partners
Brokerage Phone
4062193260
Brokerage Address
718 West Babcock Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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