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11400 Highway 93 S 4,612 SF 100% Leased Retail Building Lolo, MT 59847 $2,318,218 CAD ($502.65 CAD/SF) 7.02% Cap Rate
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 Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
4,612 SF
Building Class
B
Year Built
1982
Price
$2,318,218 CAD
Price Per SF
$502.65 CAD
Cap Rate
7.02%
NOI
$162,788 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
0.79 AC
Zoning
3
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bamboo Garden
- -
- -
- -
- -
- Dairy Queen
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bamboo Garden | - | - | - | - | ||
| Dairy Queen | - | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-2092-26-2-28-01-0000 | Improvements Assessment | $1,098,240 CAD |
| Land Assessment | $1,157,064 CAD | Total Assessment | $2,255,304 CAD |
Property Taxes
Parcel Number
04-2092-26-2-28-01-0000
Land Assessment
$1,157,064 CAD
Improvements Assessment
$1,098,240 CAD
Total Assessment
$2,255,304 CAD
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11400 Highway 93 S
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