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11400 Highway 93 S

4,612 SF 100% Leased Retail Building Lolo, MT 59847 $1,970,000 ($427/SF) 5.88% Cap Rate

Executive Summary

Explore an enticing investment opportunity at 11400 US-93, Lolo, Montana! This property offers a prime commercial space housing two successful service businesses: a Dairy Queen Grill & Chill and Bamboo Chopstix. Priced at $1,970,000, this sale includes the building and land only, providing a valuable investment opportunity in the heart of Lolo. Built in 1982 & remodeled in 2020 the property spans a total of 4612 square feet and features a convenient drive-thru for the Dairy Queen. Its strategic location along the bustling US-93 highway ensures high visibility and accessibility, making it an attractive choice for businesses. Investors can capitalize on the stability and income potential provided by two well-established tenants. With a combined lease agreement in place, this investment promises steady returns and growth potential.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
4,612 SF
Building Class
B
Year Built
1982
Price
$1,970,000
Price Per SF
$427
Cap Rate
5.88%
NOI
$115,841
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
0.79 AC
Zoning
3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-2092-26-2-28-01-0000
Land Assessment
$510,150
Improvements Assessment
$864,350
Total Assessment
$1,374,500
  • Listing ID: 31644133

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 11400 Highway 93 S, Lolo, MT 59847

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