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NNN Retail Investment- National Tenant (Bozeman)
Bozeman, Bozeman, MT 59718
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)
Created 5/27/2008
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO