$2,500,000

410 Bernard , Billings, MT 59101

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:34,800 sqft
Lot:3.17
Year Built:1965
Listing Status:Active

Listing Agent

Lauren Bond
http://www.theagencymontana.com
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These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Great industrial investment opportunity that’s had a long term tenant and a new 5 year lease just put in place offering an 8% CAP rate. Rent escalators in 2026 and 2028, which will be an average of the 2 years CPI adjustment. Situated in a prime west Billings location with good visibility and access to everything, the 3+ acre property includes a paved and fenced storage yard and ample office parking. New 5 year lease through 11/30/2029 at $198k NOI, NN. Approx 5600 sq ft of office & 29,200 sq ft of shop, featuring 9 OH doors, wash bay, 3 phase power, large open reception with cubicles, 9 private offices (many oversized with 2 desks) conference room, break room, locker room, 2 bathrooms (1 newly remodeled ADA bathroom). Over $300k in recent updates, incl roof, asphalt, furnaces, bathroom and all new LED lighting, which takes care of the majority of owners responsibilities in the lease.

Detailed Items

Other Information

410 Bernard, Billings, MT, 59101 is a commercial sale listing of 34,800 sqft on a lot of 3.17. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property410 Bernard, Billings, MT
Copyright © 2025 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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