749 S 20th St W - Fast Food FOR SALE


Billings, MT 59102
$1,872,000 USD
415-690-5522
749 S 20th St W, Billings, MT for Sale
$1,872,000 USD
Fast Food - FOR SALE
1/6
null | 6.5% Cap Rate

749 S 20th St W
Billings, MT 59102


HIGHLIGHTS

  • 15-year absolute NNN lease with a strong guaranty
  • BW Blacksmith Coffee Company is a growing private company with 13 locations in Montana, Georgia and Florida
  • Conveniently situated along South 20th Street West near the King Avenue signalized intersection with a combined traffic volume of 49,646 AADT
  • Well-positioned in a dense retail corridor and surrounded by major establishments such as Costco, Walmart Supercenter, Lowe’s, Home Depot among others
  • Centrally located between Montana State University Billings (2,818 students) and City College at Montana State University Billings (4,057 students)
  • High-quality building recently retrofitted in 2023 on a 0.779-acre lot

OVERVIEW

Strategic Location for Seamless Connectivity: Easily accessible location situated along South 20th Street West near the King Avenue signalized intersection, benefiting from a high daily combined traffic volume of 49,646 vehicles. Additionally, the property is located just one mile away from Interstate 90, a crucial east-west transcontinental highway connecting Seattle to Boston, ensuring convenient travel and seamless connectivity for the site Strong Retail Presence: Well-positioned in a dense retail corridor surrounded by major establishments like Costco, Walmart Supercenter, Lowe’s, Home Depot, PetSmart, Best Buy, Ross, Chick-fil-A, Olive Garden, and numerous other popular brands allowing the property to capture cross over traffic Near Education and Healthcare Hub: Benefits from the central location between Montana State University Billings (2,818 students) and City College at Montana State University Billings (4,057 students), along with easy access to St. Vincent Healthcare, a 286-bed hospital, and Advanced Care Hospital of Montana (40 beds), attracting a diverse and engaged community Beneficial Proximity to Hospitality: Poised to leverage a nearby captive customer base with eight large hotels situated within a one-mile radius, with a total of 709 guest rooms, allowing the site to tap into a steady flow of visitors and enhancing foot traffic and sales revenue Robust Demographics and Strategic Hub for Business: Rapidly growing population of 94,280 within a five-mile radius, boasting an impressive 11% increase since 2010. Combined with an average annual household income of$85,288 projected to rise by 15% over the next five years, BW Blacksmith and Billings are poised for concurrent growth. Its strategic location in Billings also benefits from being at the center of regional commerce and trade

FOR SALE DETAILS

PRICE

$1,872,000 USD

PRICE/SF

$692 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BW Blacksmith Coffee Company

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

34,151 SF

ZONING

-

APN/PARCEL ID

03-0927-07-4-30-15-0000

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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