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1400 S 24th St W
4,078 SF of Retail Space Available in Billings, MT 59102
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 7 | 4,078 SF | 1-3 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $6,117 /MO $73,404 /YR | Triple Net (NNN) |
1st Floor, Ste 7
*1400 S 24th St W, Ste 7, Billings, MT 59102 *4,078 SF Retail, Bar or Restaurant Space for Lease *$7,306.42/mo + Utilities *Open Retail Area, Seating Area or Bar/Tasting Room *Private Restrooms *Ideal for any user in the food and beverage industry *Additional Space in the Rear to Add a Kitchen *$18.00/SF/YR + $3.50 NNN *Zoned Heavy Commercial *Neighboring tenants include Carverss, Get Air, Jake’s Bar & Grill and By All Means Brewing
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Private Restrooms
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1400 S 24th St W , Billings, MT 59102
Property Type | Retail | Year Built/Renovated | 1972/2016 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 5.26/1,000 SF |
Gross Leasable Area | 66,500 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 66,500 SF |
Year Built/Renovated | 1972/2016 |
Parking Ratio | 5.26/1,000 SF |
About the Property
1400 S 24th St W offers a wide range of possibilities to any business owner in the retail or food/beverage industries. The suite is currently being used as a distillery/tasting room which could provide an amazing opportunity for any aspiring distiller looking to take their craft to the next level. This modern suite includes polished concrete flooring, modern industrial style ceilings and is currently configured with a bar, private restrooms, and a seating area, offering the perfect setting for customers looking for a unique experience. The back half of the suite is at present, being used to conduct distillery operations and there is also ample room for storage or the addition of a full kitchen in this portion of the building. Not in the business of creating high quality craft spirits? Not to worry! This space could easily be transitioned into a coffee shop, retail store, or be converted into a modern office with retail exposure. This could also be the perfect spot for hosting events or providing local entertainment. The suite also offers high visibility from Gabel Road and is conveniently located near some of the best restaurants, entertainment, and amenities in town. Call to schedule a showing appointment today!
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1400 S 24th St W
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