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3928 Tri Hill Frontage Rd 28,500 SF Retail Building Great Falls, MT 59404 $5,500,000 ($192.98/SF) 6% Cap Rate

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Investment Highlights

  • 6 Cap Investment
  • Interstate Access
  • Highway Frontage

Executive Summary

Premier single-tenant net lease opportunity located along the highly visible I-15 / Tri Hill Frontage Road corridor in Great Falls, Montana. This 28,500 SF purpose-built RV dealership facility was constructed in 2017 and sits on approximately 23.44 acres. The property features a modern pre-engineered steel structure with showroom, service bays, office space, and support areas, along with extensive paved display yard, commercial lighting, and perimeter fencing. The asset is fully leased under a triple-net structure, offering investors stable, passive income with minimal landlord responsibilities. Strong highway exposure, easy access, and a regional retail corridor location support long-term tenant viability and residual value. Offered at a 6% capitalization rate, this property presents a compelling opportunity for investors seeking durable cash flow backed by a well-established commercial operation in a growing Montana market. Adjacent 45.29-acre parcel available separately for $1,790,000, offering expansion, storage, or future development potential.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
28,500 SF
Building Class
C
Year Built
2008
Price
$5,500,000
Price Per SF
$192.98
Cap Rate
6%
NOI
$330,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.03
Lot Size
23.44 AC
Zoning
Industrial-1 - County
Parking
25 Spaces (0.88 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 02-3015-20-4-01-02-0000
  • 02-3015-21-3-01-01-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,846,556
  • Listing ID: 39563423

  • Date on Market: 2/24/2026

  • Last Updated:

  • Address: 3928 Tri Hill Frontage Rd, Great Falls, MT 59404

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