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Hwy 55 Burgers, Shakes & Fries | Butte, MT 3528 Harrison Ave

3,400 SF Retail Building Butte, MT 59701 $3,629,715 CAD ($1,068 CAD/SF) 7% Cap Rate

Executive Summary

Absolute NNN Lease -
Long-term absolute NNN lease with zero landlord responsibilities. Investors will appreciate the rent bumps, over 17 years of term remaining, and two 10-year options.
New Retail Development in the Area -
Large-scale retail development is underway located in close proximity to Hwy 55. The complex will feature new restaurants and 11 national tenants to the area. The 17-acre site is expected to be a major economic boost for the region and is expected to be complete mid-to-late 2025.
Brand New Location -
The property was built in 2023 and opened in February 2024. The location has a 1.5-acre lot and features a drive-thru, ample parking, and great signage.
Prime Retail Location -
The property is located on a major throughway where it receives excellent visibility (22K+ VPD) and accessibility. Located in close proximity to several retailers including Walmart, Petco, Aaron's, Mattress Firm, Dollar Tree and many others.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,400 SF
Year Built
2023
Price
$3,629,715 CAD
Price Per SF
$1,068 CAD
Cap Rate
7%
NOI
$254,080 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
1.53 AC

Amenities

  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-1198-32-2-06-02-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,856,583 CAD
  • Listing ID: 31715107

  • Date on Market: 2024-05-06

  • Last Updated:

  • Address: 3528 Harrison Ave, Butte, MT 59701

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