1210 Us Highway 2 W | Kalispell, MT 59901
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1210 Us Highway 2 W
Kalispell, MT 59901
Arby's Absolute NNN Lease 20 Year Term · Retail Property For Sale
Investment Highlights
- Single-tenant investment opportunity at 5.38% cap rate with NOI of $174,892
- Absolute NNN lease with no expenses to the landlord
- Situated in the strong retail corridor next Gateway Mall, McDonald’s, Starbucks, Albertson’s and other retailers
- The tenant is the third largest franchisee in the Arby’s system with 87 restaurants in 2023
- Single national tenant at 20-year initial term and 4 options to renew at 10% increase every 5 years
- The property is near routes 2 and 93 with great visibility, accessibility and high traffic counts (15,084 DTV at Glenwood Dr & US Highway 2)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,241 SF
Building Class
C
Year Built/Renovated
1983/2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.80 AC
Zoning
B-2 - B-2, General Business
PROPERTY TAXES
| Parcel Number | 07-3965-12-4-04-07-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,011,500 |
PROPERTY TAXES
Parcel Number
07-3965-12-4-04-07-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,011,500
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