City Brew 10 year lease NNN free standing building
Subway 10 year lease NNN multi-tenant building
Cloudz Vape 5 year lease NNN multi-tenant building
City Brew is a corporate tenant with approx. 30 stores in WY, ND & MT
Annual NOI $245,000
Sale Price $4,455,000
PART OF A MULTI LOCATION PORTFOLIO
Description
Presenting a prime opportunity for retail and strip center investors: a striking 4,508 SF building nestled in the vibrant Billings area. This impressive property offers a spacious and adaptable layout, making it an ideal choice for a range of retail and strip center endeavors. Ample parking, the property is designed to attract and accommodate a steady flow of customers. With its strategic location on King Avenue East, the building enjoys high visibility and accessibility, providing an excellent setting to captivate potential patrons. Don't miss the chance to secure this exceptional asset, perfectly positioned to maximize foot traffic and retail potential in the dynamic Billings area.
Discover the vibrant commercial landscape surrounding the property in Billings, Montana. Located in the bustling King Avenue East area, this prime location offers a strategic position for retail and strip center investors. The area provides easy access to a diverse array of attractions, including popular shopping destinations, dining establishments, and entertainment venues. With a strong and steady flow of potential customers, the location presents an appealing opportunity for retail and strip center businesses to thrive. Benefit from the proximity to established anchor tenants and high-traffic businesses, ensuring a dynamic and engaging environment for retail success. Explore the possibilities in this exciting and sought-after area, where the potential for a thriving retail venture awaits.
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.
