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11400 Highway 93 S 4,612 SF 100% Leased Retail Building Lolo, MT 59847 $2,407,962 CAD ($522.11 CAD/SF) 6.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • NNN Investment Property

EXECUTIVE SUMMARY

Explore an enticing investment opportunity at 11400 US-93, Lolo, Montana! This property offers a prime commercial space housing two successful service businesses: a Dairy Queen Grill & Chill and Bamboo Chopstix. Priced at $1,725,000, this sale includes the building and land only, providing a valuable investment opportunity in the heart of Lolo. Built in 1982 & remodeled in 2020 the property spans a total of 4612 square feet and features a convenient drive-thru for the Dairy Queen. Its strategic location along the bustling US-93 highway ensures high visibility and accessibility, making it an attractive choice for businesses. Investors can capitalize on the stability and income potential provided by two well-established tenants. With a combined lease agreement in place, this investment promises steady returns and growth potential.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
4,612 SF
Building Class
B
Year Built
1982
Price
$2,407,962 CAD
Price Per SF
$522.11 CAD
Cap Rate
6.90%
NOI
$166,149 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
0.79 AC
Zoning
3

NEARBY MAJOR RETAILERS

CrossFit
Harvest Foods
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-2092-26-2-28-01-0000
Land Assessment
$1,187,588 CAD
Improvements Assessment
$1,127,212 CAD
Total Assessment
$2,314,800 CAD
  • Listing ID: 31644133

  • Date on Market: 2024-04-29

  • Last Updated:

  • Address: 11400 Highway 93 S, Lolo, MT 59847

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