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Northern Montana Fully Leased Retail Investment

1816 3rd Street NW, Great Falls, MT, 59404
For Sale

Property Highlights

    • Fully occupied by two national retailers with three years remaining on leases
    • Building is located on a busy retail corridor with an AADT of over 17,000 vehicles per day
    • Modern building with a drive-through
    • Great Falls is a growing city that merges a high quality of life with a low cost of living

Property Details

  • Price: $2,900,000
  • Property Type: Retail
  • Availability: Available
  • Transaction Type: For Sale
  • Building Size: 4,521 SF
  • Year Built: 2016

Property Description

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.

Location Description

Near 4th Street NE & Smelter Ave NE

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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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