Description
- 9 N 32nd St, Billings
- Downtown Retail Investment Property for Sale
- Long Term Tenant Servicing Billings Since 1977
- $480,000
- 3,700 SF Building
- New 5 Year Lease Recently Signed
- Net Operating Income = $33,898
- 7.1% Cap Rate
- 2% Yearly Rent Escalators
9 N 32nd St is the home to a long term tenant with roots going back to 1977. With a new 5 year lease and tenant responsible for 100% of the maintenance, this investment property is perfect for someone looking for a true “mailbox money” investment property. This property benefits from its central location and retail exposure on Montana Ave.
Address
-
Address 9 N 32nd St, Billings, MT
-
Country United States
-
Province/State Montana
-
City/Town Billings
-
Postal code/ZIP 59101
Overview
- Property ID 14119
- Property Type Investment-Property, Retail
- Property status Closed
- Size 3,700 sf
- Lot Size 6.500 sf
- CAP Rate 7.1%
- Zoned CBD-Central Business District
File Attachments
Brochure-9-N-32nd-St-August-2022.pdf
DownloadGet Directions
Contact
