Montana Fully Leased Retail Investment | 1816 3rd St NW
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Montana Fully Leased Retail Investment 1816 3rd St NW
4,521 SF 100% Leased Retail Building Great Falls, MT 59404 $2,900,000 ($641/SF)
Investment Highlights
- Fully occupied by two national retailers with three years remaining on leases
- Modern building with a drive-through
- Building is located on a busy retail corridor with an AADT of over 17,000 vehicles per day
- Great Falls is a growing city that merges a high quality of life with a low cost of living
Executive Summary
Located on a thriving commercial corridor in Great Falls, Montana, 1816 3rd Street NW offers a fully-leased investment opportunity in Northern Montana. The site is nearly one acre, with ±4,521 leaseable square feet currently occupied by two national credit tenants. Average daily traffic volumes exceed 17,000 vehicles.
At 1816 3rd Street NW, find a recently constructed building with sleek finishes and an active drive-through. Zoned General Commercial C-2, the property has many allowable uses, including automotive repair and services, carwash, farm/feed sales, grocery stores, and salons.
Great Falls services many surrounding rural communities, with strong retail and healthcare sectors to provide goods to residents of communities without shops and medical services. 1816 3rd Street NW is also located directly west of the Black Eagle community and just south of an expansive residential area.
Substantial commercial and residential traffic flows through the 3rd Street area of Great Falls. Nearby, the Montana ExpoPark, Sam's Club, Walmart, and a North 40 Outfitters location attract a broad cross-section of users to the area.
The Montana ExpoPark is home to the Montana State Fair, which reported over 75,000 admissions in 2022. Throughout the year, the ExpoPark hosts a variety of other large events.
At 1816 3rd Street NW, find a recently constructed building with sleek finishes and an active drive-through. Zoned General Commercial C-2, the property has many allowable uses, including automotive repair and services, carwash, farm/feed sales, grocery stores, and salons.
Great Falls services many surrounding rural communities, with strong retail and healthcare sectors to provide goods to residents of communities without shops and medical services. 1816 3rd Street NW is also located directly west of the Black Eagle community and just south of an expansive residential area.
Substantial commercial and residential traffic flows through the 3rd Street area of Great Falls. Nearby, the Montana ExpoPark, Sam's Club, Walmart, and a North 40 Outfitters location attract a broad cross-section of users to the area.
The Montana ExpoPark is home to the Montana State Fair, which reported over 75,000 admissions in 2022. Throughout the year, the ExpoPark hosts a variety of other large events.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,521 SF
Building Class
B
Year Built
2016
Price
$2,900,000
Price Per SF
$641
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Land Acres
0.90 AC
Zoning
C2 - C2
Parking
10 Spaces (2.21 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 02-3015-01-2-08-01-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,430,100 |
PROPERTY TAXES
Parcel Number
02-3015-01-2-08-01-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,430,100
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Connor McMahon -
Sterling Commercial Real Estate Advisors
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Montana Fully Leased Retail Investment | 1816 3rd St NW
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