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1558 Amsterdam Rd

38,086 SF 100% Leased Industrial Building Belgrade, MT 59714 $7,500,000 ($197/SF) 7% Cap Rate

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Executive Summary

This is a fully leased multi-tenant income producing property with primarily long-term NNN leases to very solid tenants. The leases include annual 3% or COL increases, whichever is greater as a hedge against inflation. It is rare to find an income producing property in this market that produces an NOI greater than 5.5%-6.0% as opposed to the 7% this on produces. This offering includes a multi-year option to purchase. So, most likely the Buyer would purchase the option and exercise the option both contingent upon a simultaneous closing. Contact Listing Broker for details.

APOD

Rent Roll

Property Facts

Price	$7,500,000	Building Class	B
Price Per SF	$197	Lot Size	5.10 AC
Sale Type	Investment NNN	Rentable Building Area	38,086 SF
Cap Rate	7%	No. Stories	1
Sale Conditions	1031 Exchange	Year Built/Renovated	1995/2005
Property Type	Industrial	Parking Ratio	0.68/1,000 SF
Property Subtype	Manufacturing Showroom Industrial Warehouse Office Office Residential	Clear Ceiling Height	14 FT

Price	$7,500,000
Price Per SF	$197
Sale Type	Investment NNN
Cap Rate	7%
Sale Conditions	1031 Exchange
Property Type	Industrial
Property Subtype	Manufacturing Showroom Industrial Warehouse Office Office Residential
Building Class	B
Lot Size	5.10 AC
Rentable Building Area	38,086 SF
No. Stories	1
Year Built/Renovated	1995/2005
Parking Ratio	0.68/1,000 SF
Clear Ceiling Height	14 FT