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Danni Moore

Engel & Völkers Americas

[email protected] +1(406) 396-2442

$ 1,416,000

Est. payment -/mo

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Active

1002 Buckskin DR Deer Lodge, MT 59722

8,320 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,320 sqft

Price per Sqft $170

MLS Listing ID 30047840

Construction Status See Remarks

HOA Y/N No

Year Built 2019

Annual Tax Amount $13,126

Tax Year 2024

Lot Size 0.990 Acres

Acres 0.99

Property Sub-Type Retail

Property Description

Fantastic opportunity to invest in a rare offering for Montana. Most of these locations are either sold via private party or are never offered for retail sale due to their strong lease structure. Four years remain on the initial lease term with tenant options to renew six (6) times with increased rent bumps every five years. Offered at a 6% cap with term out under the current lease structure at an 8.1% cap after all options are exercised. NN+ lease structure with owner paying for taxes and insurance that are reimbursed by the tenant. Deer Lodge is a growing community with newly added investment into the state prison expansion, a 200 unit subdivision, and one of the nicest golf communities to be found in Montana create high demand for textile goods and services. Low competition market provides owner security and the newly constructed building (2019) offers little exterior maintenance for an almost entirely hands off investment. Member of selling party is licensed agent in MT.

Location

State MT

County Powell

Interior

Interior Features InteriorFeatures

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Fence Partial

Water Access Desc Public

Roof Type Metal

Present Use Retail

Street Surface Asphalt

Road Frontage Highway

Garage No

Building

Dwelling Type Retail

Building Description Batts Insulation,Cement Siding,Foam Insulation,Metal Siding, Private Restrooms

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Batts Insulation,Cement Siding,Foam Insulation,Metal Siding

Construction Status See Remarks

Others

Tax ID 28167828401010000

Special Listing Condition Standard

Listed by Go Montana Real Estate

Danni Moore

Broker | License ID: BRO-LIC-88701

+1(406) 396-2442

Danni Moore

1002 Buckskin DR Deer Lodge, MT 59722

Key Details

Location

Interior

Exterior

Building

Others

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1002 Buckskin DR