This property is Off-Market

107 North 7th Avenue
Bozeman, MT 59715 ·

750 SF · Retail For Sale

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Dairy Queen

Price N/A Cap Rate 9%
Building Size 750 SF Occupancy 100%
Property Type Retail Tenancy Single
Property Sub-type Free Standing Bldg Year Built 1971
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 12,500 SF
Listing ID: 17068717 Date Created: 03/15/2011 Last Updated: 10/07/2011

Description

Capital Pacific, LLC is pleased to offer investors the opportunity to purchase a Dairy Queen in Bozeman, Montana that is located on 7th Avenue just 1 block from Highway 191 / Interstate Business Loop 90 with close proximity to Montana State University at Bozeman; enrollment of 13,559 students in 2010. This Dairy Queen is surrounded by national brands including Wal Mart, Home Depot, Costco, Target, Lowe' s, Safeway and CVS. This site is best suited for an investor looking for a passive investment with zero management responsibilities.

Bozeman is a city in and the county seat of Gallatin County, Montana, in the southwestern part of the state. With an estimated population of 39,282 in 2009, Bozeman is the fourth largest city in the state.

Bozeman is located in one of the fastest-growing counties in the United States. Bozeman is home to Montana State University - Bozeman and is served by Gallatin Field Airport.

The city has grown at a noticeably rapid pace in comparison to the rest ofMontana for the past 40 years, and has experienced particularly significant growth in recent years. The area continually attracts new residents due to quality of life factors, scenery, and nearby recreation.Growth in the Gallatin Valley prompted the Gallatin Airport Authority to authorize a major expansion of the Gallatin Field Airport from 6 to 14 gates, which is expected to becompleted in June 2011.

Highlights

  • Brand New 20 Year Lease with 10% Rent Increases Every Five Years
  • Absolute NNN Provides Landlord with Zero Management
  • Lease is Personally Guaranteed
  • Site will be improved to include a drive through shortly after sale
  • Close Proximity to Highway 191 / Interstate Business Loop 90
  • Proven Location in a College Town, 40 Years in Operation

Research

107 North 7th Avenue, Bozeman, MT 59715 (Gallatin County)

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