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970 S 29th St W 22,525 SF 100% Leased Office Building Billings, MT 59102 $9,992,000 ($443.60/SF) 7.25% Cap Rate
Investment Highlights
- 2 tenants, NNN fully leased investment. Fee Simple Interest.
- Healthy annual rent escalations. CAP Rate 7.25%
- West End Billings Bike path sits behind the building.
- Global tenants - HDR Engineering (1/2028), Brinks (3/2028)
- 2 buildings connected by a skybridge.
- Irrigation shares for the lawn.
Executive Summary
Property Facts
Amenities
- Conferencing Facility
- Courtyard
- Signage
- Skyway
- Wheelchair Accessible
- Reception
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Professional, Scientific, and Technical Services
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99,999 SF
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Lorem Ipsum
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Jan 0000
HDR is a privately held, employee-owned professional services firm headquartered in Omaha, Nebraska. The company was founded in 1917 as the Henningson Engineering Company and later became known as Henningson, Durham & Richardson, from which the HDR name is derived. Since its founding, HDR has expanded from a regional civil engineering practice into a multidisciplinary firm providing architecture, engineering, environmental, and construction-related services. The firm serves public- and private-sector clients across infrastructure-focused markets including transportation, water, power and energy, healthcare, education, science and technology, and federal facilities. HDR operates under a 100% employee-ownership model following a management and employee buyout in 1996, which marked a significant milestone in its corporate history. Growth since that time has occurred through a combination of organic expansion and strategic acquisitions that broadened technical capabilities and geographic reach. HDR remains privately held and is not publicly traded. Its leadership structure includes a board of directors and executive team drawn from long-tenured professionals within the organization. Omaha continues to serve as the company’s corporate headquarters and administrative center while supporting project delivery across a broad geographic footprint.
- Payment Alliance International (Brinks $BCO)
- Finance and Insurance
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
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Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Payment Alliance International (Brinks $BCO) | Finance and Insurance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 03-0926-13-2-20-10-0000 | Improvements Assessment | $2,225,533 |
| Land Assessment | $594,767 | Total Assessment | $2,820,300 |
Property Taxes
Presented by
970 S 29th St W
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