6475 US Highway 93 S | Whitefish, MT 59937
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- LoopNet Team
6475 US Highway 93 S
Whitefish, MT 59937
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The return metrics produce a 6.56% cap rate on the as-is NOI; 10.13% stabilized return on cost.
- Mountain Center is the dominant and the only Grocery Anchored Shopping Center servicing all of Whitefish.
- Recent leasing activity demonstrates the continued tenant interest in the Center.
- There is tremendous rental upside at the Center with average anchor rents of $7.35/SF NNN, and average shops rents of $14/SF NNN.
- The Center is in an irreplaceable location along US 93 with direct connectivity to some of Montana’s largest and most successful employment centers.
- Whitefish continues to experience strong population growth and is a true high-income destination with a stable year-round population base.
PROPERTY FACTS
Property Type
Retail
Building Size
120,460 SF
Building Class
B
Year Built
1985
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
9.24 AC
Zoning
WB 2
Parking
702 Spaces (5.83 Spaces per 1,000 SF Leased)
AMENITIES
- Food Court
- Enclosed Mall
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $19,311,379 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$19,311,379
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