HDR Buildings

970 S 29th St W Billings, MT 59102

970 S 29th St W, Billings, MT, 59102
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$4,636,000
Last Verified:
Oct 12, 2023

Highlights

  • 49.9 % ownership interest
  • Truly passive income
  • 7.4% Cap Rate

Description

This property located in the growing West End of Billings consists of two office buildings connected by a sky bridge. 2909 Millennium Circle was built in 2007 and contains about 22,525 SF of rentable office space. Immediately to the North is 970 S. 29th Street West, which contains about 19,823 SF of rentable office space. For sale is 49.9 % ownership interest in both properties that together sit on approximately 3.59 acres. The properties are full leased to two national/global tenants.

The property is in growing West Billings near other large office users, major retailers, and many amenities. The property has been the long time home to HDR since construction in 2007 and they expanded into the north building when it was new in 2015.


Year Built: 2007
Building Size: 42348sq ft
Building Class: A
Lot Size: 3.59 acres


Documents

Sale Brochure

Map of 970 S 29th St W, Billings, MT, 59102

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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."

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