TJX / PETCO MIDBOX INVESTMENT | BILLINGS, MT | 2618 King Ave W
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TJX / PETCO MIDBOX INVESTMENT | BILLINGS, MT 2618 King Ave W
66,085 SF 100% Leased Retail Building Billings, MT 59102 $17,624,271 CAD ($267 CAD/SF) 7.45% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong tenant mix.
- Premier retail property.
- Value-add opportunity.
- Shadow anchored by strong, National retailers.
EXECUTIVE SUMMARY
Mid-box, Multi-Tenant Investment Opportunity in Billings, MT
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
66,085 SF
Building Class
C
Year Built/Renovated
1995/2004
Price
$17,624,271 CAD
Price Per SF
$267 CAD
Cap Rate
7.45%
NOI
$1,313,008 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
5.18 AC
Zoning
C - Commercial
Parking
107 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
454 ft on King Avenue West
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-0926-13-1-75-01-0000 | Improvements Assessment | $4,703,445 CAD |
| Land Assessment | $5,212,104 CAD | Total Assessment | $9,915,549 CAD |
PROPERTY TAXES
Parcel Number
03-0926-13-1-75-01-0000
Land Assessment
$5,212,104 CAD
Improvements Assessment
$4,703,445 CAD
Total Assessment
$9,915,549 CAD
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TJX / PETCO MIDBOX INVESTMENT | BILLINGS, MT | 2618 King Ave W
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