For Sale
For Sale
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Year Built
2003
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Total Building Size
9,600 RSF
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Overview
West End Billings with convenient access to King Avenue, 24th Street West, Interstate 90 and West Billings. Single tenant office investment property with long tenant tenure and recently renewed lease. Investment offering includes a NNN lease, 7% CAP rate and low NNN expenses. The tenant is the University of Mary and this location hosts their Billings campus. Per their website: the University of Mary is a private, Christian, Catholic, Benedictine university that welcomes students of all faiths and backgrounds. U of M is based in Bismarck, North Dakota with more than 3,800 students throughout their campuses in North Dakota, Arizona, Montana, Kansas, and Rome. The Billings location provides the only graduate occupational therapy program in the state of Montana. It is also possible for us to offer evening courses in both undergraduate and graduate programs out of this location.
Property Details
West End Billings with convenient access to King Avenue, 24th Street West, Interstate 90 and West Billings. Single tenant office investment property with long tenant tenure and recently renewed lease. Investment offering includes a NNN lease, 7% CAP rate and low NNN expenses. The tenant is the University of Mary and this location hosts their Billings campus. Per their website: the University of Mary is a private, Christian, Catholic, Benedictine university that welcomes students of all faiths and backgrounds. U of M is based in Bismarck, North Dakota with more than 3,800 students throughout their campuses in North Dakota, Arizona, Montana, Kansas, and Rome. The Billings location provides the only graduate occupational therapy program in the state of Montana. It is also possible for us to offer evening courses in both undergraduate and graduate programs out of this location.
- Property TypeOffice
- Year Built2003
- Sale Price$1,395,000
- Total Building Size9,600RSF
- Total Acres1.43
- Building ClassB
- Sale StatusAvailable
- Last updatedJul 08, 2021
- Property ID2198022