Office Space for Sale & Lease
Lease Rate: $1,495.00 per month (Gross)
6% cap rate, Seller Financing Available
50% occupied – $1500 month tenant is Riverstone Health with 2 years with escalators
and 5 year extensions. They may wish to expand.
50% vacant available for lease – see lease info below.
The historical rents were $1500 month for both suites. $36,000 yr gross rents.
*Approximate conservative net income would be $30,000 yr. 5.4% cap rate at $549,000.
7 private offices, Break Room, & Storage downstairs
Conference Room, Lobby, & His and Her separate bathrooms
Landlord pays water and gas. Tenant pays electric.
50% vacant available for lease – see lease brochure. 7 private offices with
Open parking or lease parking for $25 month.
Building Size: 4930 SF
Above ground: 3432 SF
Basement #1: 900 SF
Basement #2: 598 SF
- Country: United States
- Province / State: Montana
- City / Town: Billings
- Postal code / ZIP: 59101
- Property ID 14475
- Price $9.20 / sf G
- Property Type Office
- Property status For Lease
- Size 1,950 sf
- Lot Size 3500 SF
- Zoning Central Business District