For Sale

1626 10th Avenue S, Great Falls

14334

Property ID

$3,396,000.00

Description

CORPORATE NET LEASE TO HIGH QUALITY, INVESTMENT GRADE, SINGLE
TENANT ASSET
Leased to Starbucks for ten (10) years, plus four (4), five (5) year renewal options
7% Rental increases every five (5) years, including initial term and renewal options
Investment Grade Tenant, rated “BBB+” by Standard & Poor’s
Starbucks Corporation (NASDAQ: “SBUX”) is the world’s premier coffee company with
over 33,000 locations and over $29 Billion in consolidated net revenue for 2021
Brand new, 2022, construction with dedicated Drive Thru

HIGH TRAFFIC LOCATION
Highest traffic counts in Great Falls with over 36,000 cars per day (AADT)
Located at the SWC of 10th Ave S and 17th St S
Prime retail corridor with close proximity to major retailers
Within a 3 mile radius of the site, there are 54,500 people living in 23,900 households
that have an average household income of $72,000

CENTRAL LOCATION NEAR MAJOR RETAILERS AND COMMUNITY HUBS
4 blocks east of The Holiday Village mall who is home to over 30 retailers including
Scheels, Ross Dress For Less, Pet Smart, Hobby Lobby and Bed Bath & Beyond
4 blocks west of Target and Albertsons
Roughly 10 blocks west of Benefis Health System East Campus which has over 470
patient beds
Within a 1 mile radius, there are 2 private grade schools, 3 public grade schools (over
1,000 total students), Great Falls High School (1,480 students), University of
Providence (480 undergraduates) and Great Falls College (1,218 students)

ADDITIONAL INCOME THROUGH BILLBOARD LEASE ON PROPERTY

$5,500/Year in billboard income

Address

Address: 1626 10th Avenue South, Great Falls, MT
  • Country: United States
  • Province / State: Montana
  • City / Town: Billings
  • Postal code / ZIP: 59405
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  • Property ID 14334
  • Price $3,396,000.00
  • Property Type Investment-Property
  • Property status For Sale

File Attachments

1626-10th-Ave-S-OM-UPDATED.pdf Download

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Contact

406-656-2001
info@cbcmontana.com
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