825 North 27th Street Billings, MT 59101

Property Type:
Last Verified:
Aug 17, 2020


  • Lease expires December 31, 2028 (7+ years remaining)
  • $120,000 in base rent plus % rent (3% in excess of $2M sales)
  • Three Year Average NOI is approximately $130,500.


Net Leased Restaurant Investment in the heart of Billings' Medical Corridor

North 27th Street in Billings, MT. In the heart of the Medical Corridor co-tenant with CVS and across the street from Dehler Park and Billings Clinic

Year Built: 1975
Building Size: 9639.0sq ft
Lot Size: 0.18 acres

Map of 825 North 27th Street, Billings, MT, 59101

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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.