1780 Shiloh Rd - Storefront Retail/Office FOR SALE


Billings, MT 59106
$2,150,000 USD
406-591-2551
1780 Shiloh Rd, Billings, MT for Sale
$2,150,000 USD
Storefront Retail/Office - FOR SALE
1/25
null | 5.59% Cap Rate

1780 Shiloh Rd
Billings, MT 59106


HIGHLIGHTS

  • On a main arterial road - 13,523 vehicles per day
  • NNN leases - current tenants pay CAM charge and management fee
  • Monument sign is highly visible
  • Zoned as NMU-Neighborhood Mixed-Use

OVERVIEW

Shiloh-Grand Center is a rare investment opportunity for a superior NW Billings location on the corner of Shiloh Rd and Avenue C. Access in and out of Avenue C is from both North and South on Shiloh Rd. Built in 2004, there are seven separate units that are all NNN leases where current tenants pay a CAM charge and management fee. Boasting a 5.5% CAP rate and an NOI of $120,245, this property is ideal for investors seeking a profitable venture. The interior of the 10,400 SF building is a mix of office and retail space. A monument sign is highly visible on the corner of Avenue C and Shiloh Rd, perfect for the traffic count of 13,523 vehicles per day. There is newer commercial development across Ave C including the newest City Brew in Billings. Don't miss out on this opportunity to own Shiloh-Grand Center - a property with great potential and promising returns. Contact us now to seize this chance to add a valuable asset to your portfolio.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

5.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shiloh-Grand Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

39,878 SF

ZONING

NMU-Neighborhood Mixed Us

APN/PARCEL ID

03-1032-33-4-14-26-7003

ASK ABOUT THIS PROPERTY

Pat SchindelePat SchindeleMore Info
406-591-2551

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Pat SchindelePat SchindeleMore Info
406-591-2551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.