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Multi-Tenant Office Building for Sale | Partially Leased

351 Evergreen Dr, Bozeman, MT, 59715
For Sale

Property Highlights

    • ±2.3 miles from downtown Bozeman
    • ±0.33 miles from the I-90/N 7th Ave Interchange
    • Quality construction
    • Dedicated parking for employees
    • Great opportunity for an owner-occupier to utilize their own space while benefiting from rental income generated by the adjacent tenant
    • Space offers a Blend of open workspace, dedicated offices

Property Details

  • Price: $2,300,000
  • Property Type: Office
  • Availability: Available
  • Transaction Type: For Sale
  • Building Size: 7,805 SF
  • Year Built: 2017
  • Building Class: B

Property Description

351 Evergreen Drive offers a standalone office building split into two units totaling ±7,805 SF. Suite A is vacant, spanning ±4,045 SF with multiple offices, a conference room, restrooms and break areas. Suite B, at ±3,760 SF, features lab space, offices, restrooms and a break room.

Suite B is leased through October 2027, at $20 SF NNN, generating $75,192 in net operating income yearly. This opportunity is ideal for a user looking for additional income, while having the opportunity to expand when the lease expires.

This property is easily accessible from the interstate and Downtown Bozeman. It has convenient access from primary North/South arteries. The building sits on a ±0.818 SF lot, which has 24 total parking stalls.

Location Description

±0.33 miles northwest of the I-90/N 7th Interchange

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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