For Sale
Walgreens Investment Property
1330 Grand Ave,
Billings, MT 59102
Billings, MT 59102
Asset Snapshot
Full Service
Retail Subtype
2008
Year Built
1
Floor Count
1
Building Count
2.11 Acres
Land Area
Offering Summary
Investment Overview
Tenant Early Termination Right: Walgreens may terminate the lease effective July 31, 2033, or on the final day of any subsequent month, provided it gives the landlord at least six months' prior notice, pursuant to Article 3(d) of the lease.Investment Highlights
- NOI: $506,900.04
- CAP RATE: 10.02%
- LEASE TYPE: NNN
- STATED LEASE EXPIRATION: JULY 31, 2083
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$5,060,000
Asking Price
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