2,000 - 6,000 SF Build to Suit - New Construction Retail

706 S Billings Blvd Billings, MT 59101

706 S Billings Blvd, Billings, MT, 59101
706 S Billings Blvd, Billings, MT, 59101 706 S Billings Blvd, Billings, MT, 59101 706 S Billings Blvd, Billings, MT, 59101 706 S Billings Blvd, Billings, MT, 59101
FOR LEASE
Property Type:
Mixed Use
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Mar 08, 2023

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*706 S Billings Blvd, Billings, MT *Build to Suit - New Construction Retail with Drive Through *$55-$75 PSF NNN (estimated) *2,000-6,000 SF of Retail Building Available *Single Tenant or Multi-Tenant *0.9 Acre Lot *Zoned CMU1 *Large Pylon Sign & Visibility from King Ave E *Located at Main Entrance of the Proposed $100 Million South Billings Recreation Center *Neighboring businesses include McDonalds, Wendy’s, Dominos, City Brew, Dairy Queen, Popeyes, Taco Bell, Taco Johns, Subway, Holiday, Cabela’s and Sam’s Club. 706 S Billings Blvd is an ideal retail site for national retail tenants looking for a prime location just off of I-90 while also serving the high traffic flow going into the proposed $100 million Billings Recreation Center. 706 S Billings Blvd is located right at the main entrance to the Billings Recreation Center. This property enjoys superior access being located on a corner and also via a turn lane for north bound traffic to easily get into the site. This property already enjoys a 6” water line and city sewer brought into the property. Owner is happy to have his architect/engineer put together exploratory site plans for qualified tenants. Billings Recreation Center: The Billings Recreation Center is a 177,000 SF state-of-the-art facility that would include an ice sheet for hockey and skating, a leisure and activity pool for families, a 50-meter competition pool, four sports courts, open fitness and activity areas and an indoor running track. Total proposed cost of this facility is approximately $100 million and would. The City of Billings has already acquired the land for this project and is going through the funding & design stages of the project currently.

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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.