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3131 Harrison Ave
Butte, MT 59701
Arby's | Butte, MT · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- AES Restaurants - Parent Franchisee Operates 188 Units and Growing! Historically a top-tier operations team.
- Fresh 20-Year Absolute-NNN Lease at Close of Escrow
- Historical success and performance at the subject property.
- Booming Demographics supporting huge store sales growth year over year.
- Situated on a major exit ramp with close proximity to several major market drivers and tremendous traffic counts.
EXECUTIVE SUMMARY
CBRE is pleased to present the exclusive listing for the Arby’s located at 3131 Harrison Ave in Butte, MT. The site consists of 3,170 total square feet of building space and sits on 0.67 acres of land. The current base rent is $144,648. The lease will call for 10% rental escalations each five year period during the base term and throughout each, five-year period.
The subject property benefits from being in a strong retail corridor surrounded by national and local tenants, shopping centers and hospitality accommodations. Located on an out-parcel across The Butte Plaza Mall the subject property is surrounded with the following major tenants in the immediate area; Wendy’s, GameStop, Spectrum, KFC, Sears, Pizza Hut, Super 8, as well as many more.
The subject property benefits from being in a strong retail corridor surrounded by national and local tenants, shopping centers and hospitality accommodations. Located on an out-parcel across The Butte Plaza Mall the subject property is surrounded with the following major tenants in the immediate area; Wendy’s, GameStop, Spectrum, KFC, Sears, Pizza Hut, Super 8, as well as many more.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
3,170 SF
Building Class
C
Year Built
1985
Price
$3,638,260 CAD
Price Per SF
$1,147.72 CAD
Cap Rate
5.50%
NOI
$200,104 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.50 AC
Zoning
1
Frontage
12’ on Harrison Ave
AMENITIES
- Restaurant
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 01-1198-30-4-29-09-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,604,470 CAD |
PROPERTY TAXES
Parcel Number
01-1198-30-4-29-09-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,604,470 CAD
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