1,254 SF Commercial Condo for LEASE on Broadwater

1110 Broadwater Ave, Unit 1 Billings, MT 59102

1110 Broadwater Ave, Unit 1, Billings, MT, 59102
1110 Broadwater Ave, Unit 1, Billings, MT, 59102 1110 Broadwater Ave, Unit 1, Billings, MT, 59102 1110 Broadwater Ave, Unit 1, Billings, MT, 59102 1110 Broadwater Ave, Unit 1, Billings, MT, 59102 1110 Broadwater Ave, Unit 1, Billings, MT, 59102
Property Type:
Flex Space
Cap Rate:
Last Verified:
Feb 02, 2021

1110 Broadwater Ave is an exciting new redevelopment that gives small business owners the perfect opportunity to design their ideal office/retail space. This property has recently received a modern facelift, new roof, all new infrastructure and LED lighting. Since the units are currently in shell conditions, buyers will receive a generous $50 PSF buildout allowance and get the opportunity to sit down with an architect to design a space that meets all of their needs. Both open and sample floor plans are included to give you an idea of how many offices could fit in each space. Private decks/patios can be added at an additional cost. Lease rate is $14 PSF NNN and NNN is estimated at $4 PSF. Unit 1: 1,254 SF For Lease at $1,885/mo (+utilities) Unit 1 is our most affordable unit which would be perfect for a small business owner looking for a reception area, 2 offices, conference room, ADA restroom, kitchenette and plenty of storage. Seller would provide a back-lit LED sign on the front of the building. There is a perfect location underneath a mature tree adjacent to the condo for a patio/deck. NOTE: Owner is a licensed real estate agent Broadwater Ave boasts high traffic counts exceeding 18,000+ cars per day. The 1,254 to 2,714 SF retail/office spaces are ideal for insurance agents, real estate offices, CPAs, accounting firms, financial services or anyone else looking for a professional setting with excellent exposure. With a midtown location like, you’ll be in a convenient location for customers and employees alike. Co-tenants are Edible Arrangements, Belleza Salon and Billings Jiu Jitsu.

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Map of 1110 Broadwater Ave, Unit 1, Billings, MT, 59102

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.