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- LoopNet Team
2402 Grand Ave
Billings, MT 59102
Absolute NNN CVS · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signalized Intersection
- Drive Thru
ABOUT 2402 GRAND AVE , BILLINGS, MT 59102
The subject property is a CVS Pharmacy located in Billings, Montana. CVS signed a 25-year lease which commenced in December of 2009, leaving approximately 15.5 years remaining on the initial lease term. This absolute net lease provides zero landlord responsibilities. CVS, which is publicly traded on the New York Stock Exchange under the ticker sybmol "CVS", has a current BBB credit rating by Standard & Poor's and reported annual revenues in excess of $209 billion in 2019. Located at the signalized intersection of Grand Avenue and North 24th Street West, the subject property is positioned along two of the area's main traffic and retail corridors. The property is situated just north of Rimrock Mall, a 650,000 square foot regional mall anchored by Dillard's, Herberger's, JC Penney and Wynnsong Cinemas. Other retailer in the surrounding vicinity include Target, TJ Maxx, Lowes, Home Depot, and many more. This densely populated area is home to over 100,000 residents within a five mile radius.
PROPERTY TAXES
| Parcel Number | 03-0926-01-1-12-17-0000 | Improvements Assessment | $1,385,841 |
| Land Assessment | $710,159 | Total Assessment | $2,096,000 |
PROPERTY TAXES
