Share This Listing

Message

916 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

TJX / PETCO MIDBOX INVESTMENT | BILLINGS, MT 2618 King Ave W 66,085 SF 100% Leased Retail Building Billings, MT 59102 $12,184,080 ($184.37/SF) 7.45% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Strong tenant mix.
  • Premier retail property.
  • Value-add opportunity.
  • Shadow anchored by strong, National retailers.

EXECUTIVE SUMMARY

Mid-box, Multi-Tenant Investment Opportunity in Billings, MT

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
66,085 SF
Building Class
C
Year Built/Renovated
1995/2004
Price
$12,184,080
Price Per SF
$184.37
Cap Rate
7.45%
NOI
$907,714
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
5.18 AC
Zoning
C - Commercial
Parking
107 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
454’ on King Avenue West

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

U.S. Bank
Old Chicago Pizza
MOOYAH Burgers, Fries & Shakes
IHOP
Applebee's
Cafe Rio
Famous Dave's
Planet Fitness
Fuddruckers
Outback Steakhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-0926-13-1-75-01-0000
Land Assessment
$4,390,909
Improvements Assessment
$4,001,091
Total Assessment
$8,392,000
  • Listing ID: 29402544

  • Date on Market: 3/19/2025

  • Last Updated:

  • Address: 2618 King Ave W, Billings, MT 59102

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}