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Single-Tenant Net Lease Investment Opp 2119 W Main St 2,290 SF Retail Building Bozeman, MT 59718 $2,800,000 ($1,222.71/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- High-visibility location along West Main Street with ±23,000 vehicles per day.
- Community Business District zoning allows a wide range of retail, service, and automotive uses, ideal for Jiffy Lube’s operations.
- Delivered with a new long-term lease in place (Jiffy Lube).
- Positioned in one of Montana’s fastest-growing cities with strong population and income growth.
- Neighboring big-box anchors such as Target, Costco, WinCo Foods, and REI create high consumer draw.
EXECUTIVE SUMMARY
SterlingCRE Advisors is pleased to present the exclusive opportunity to acquire 2119 West Main Street, a single-tenant net lease investment located in the thriving commercial corridor of Bozeman, Montana. This ±2,290 square foot retail building sits on ±0.57 acres along West Main Street (U.S. Highway 191), one of Bozeman’s highest traffic arterials with an average daily count of over 23,000 vehicles per day. The property offers exceptional visibility, convenient access, and close proximity to a dynamic mix of national retailers, restaurants, and service users.
The property will be delivered with a new long-term lease to a nationally recognized leader in automotive service. The opportunity provides a stable, predictable income stream guaranteed by the Foster Group, Inc. one of Montana’s largest Jiffy Lube Operators with 9 locations since 2017.
Located just ±2 miles from Interstate 90 and ±1.5 miles from downtown Bozeman, this asset sits within one of Montana’s strongest economic and demographic growth markets. The surrounding area features a robust blend of national tenants including Target, WinCo Foods, REI, PetSmart, and Whole Foods, as well as regional and local retailers that draw consistent consumer traffic from across Gallatin County.
Zoned B-2 (Community Business District), the site allows for a wide range of retail, office, and service uses, ensuring long-term flexibility and market resilience. City water, sewer, and all utilities are in place, and the building’s layout supports both automotive and general retail operations.
With Bozeman continuing to experience some of the fastest population and income growth in the state, this offering represents a compelling opportunity to secure a brand-new net-leased investment in a high-barrier-to-entry market. Investors will benefit from a combination of strong tenancy and a premier location, making this property an ideal fit for long-term, income-focused ownership.
The property will be delivered with a new long-term lease to a nationally recognized leader in automotive service. The opportunity provides a stable, predictable income stream guaranteed by the Foster Group, Inc. one of Montana’s largest Jiffy Lube Operators with 9 locations since 2017.
Located just ±2 miles from Interstate 90 and ±1.5 miles from downtown Bozeman, this asset sits within one of Montana’s strongest economic and demographic growth markets. The surrounding area features a robust blend of national tenants including Target, WinCo Foods, REI, PetSmart, and Whole Foods, as well as regional and local retailers that draw consistent consumer traffic from across Gallatin County.
Zoned B-2 (Community Business District), the site allows for a wide range of retail, office, and service uses, ensuring long-term flexibility and market resilience. City water, sewer, and all utilities are in place, and the building’s layout supports both automotive and general retail operations.
With Bozeman continuing to experience some of the fastest population and income growth in the state, this offering represents a compelling opportunity to secure a brand-new net-leased investment in a high-barrier-to-entry market. Investors will benefit from a combination of strong tenancy and a premier location, making this property an ideal fit for long-term, income-focused ownership.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,290 SF
Building Class
C
Year Built/Renovated
1988/2024
Price
$2,800,000
Price Per SF
$1,222.71
Cap Rate
6%
NOI
$168,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.57 AC
Zoning
B-2 - B-2 (Community Business District)
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-0798-11-1-23-20-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $931,200 |
PROPERTY TAXES
Parcel Number
06-0798-11-1-23-20-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$931,200
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Single-Tenant Net Lease Investment Opp | 2119 W Main St
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