Historical Retail Sale Listing - NNN Retail Investment- National Tenant (Bozeman)

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NNN Retail Investment- National Tenant (Bozeman)

Bozeman, Bozeman, MT 59718

NNN Retail Investment- National Tenant (Bozeman)
  • N/A
  • 32,000 SF
  • Retail
  • Retail (Other)
  • Free Standing Bldg
    Strip Center
  • Net Lease Investment with 10+ years left on lease
  • 2.75%
  • 8%
  • 100%
  • 1
  • Single
  • 2004
  • 2.50 AC
Last Verified  3/1/2010 Listing ID  15730691

Highlights

  • 8.0% CAP Rate
  • Tenant to assume all expenses, Absolute NNN Lease
  • Zero management responsibilities
  • 1031 Exchange Investors, mult-tenant refit, single-tenant users

Description

National Retail Single-Tenant User with 10 year, full NNN leasback with zero management responsibilities. Currently has over 30,000 SF of space available. Remodeled in 2004 with new facade and new HVAC.

Business is confidential,please contacting listing agent for details.

Situated among other retailers in high visibility location with abundant traffic counts. Bozeman is the central hub of Gallatin County, the fastest growing county in Montana and the 32nd fastest growing County in the United States. The County is currently growing by an annual average growth of 3.78%. Currently Bozeman' s Trade Area consists of 159,743 people.

Bozeman is currently in a very healthy mode for retail development. Vacancy rates are low, asking lease rates are sufficient to support new retail development and the area is still the fastest growing in the state per capita. Much of this growth is due to the attention of a number of leading national chains.

Bozeman continues to remain a sought after market by many of the major national retail chains due the population growth, stable economy and local tourism boom. The local market is finally reaching a critical mass where a number of national lifestyle chains would have sufficient market support to warrant a location within Bozeman.

Map of Bozeman, Bozeman, MT 59718 (Gallatin County)

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Created 5/27/2008