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The Shops at West Bank Landing 413 3rd St NW 11,949 SF 100% Leased Retail Building Great Falls, MT 59404 $6,545,687 CAD ($547.80 CAD/SF) 6.75% Cap Rate
Investment Highlights
- The Great Falls trade area is a 13-county region spanning over 44,000 square miles
- Rare New Construction Retail in Cascade County - Limited Inventory
- The property is surrounded by 3 new hotels, 2 Marriott Brands, and 1 IHG totaling 355 rooms.
- 3,000 Expected Employment Gain for Sentinel ICBM project at Malmstrom Airforce Base
Executive Summary
100% Occupied New Construction Retail Center in Great Falls, MT
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
11,949 SF
Building Class
B
Year Built
2023
Price
$6,545,687 CAD
Price Per SF
$547.80 CAD
Cap Rate
6.75%
NOI
$441,833 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.61 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Jersey Mike's Subs began in 1956 when 17-year-old Peter Cancro bought a local sub shop in New Jersey. The company expanded through franchising starting in 1987 while maintaining its focus on quality ingredients and community involvement. Their signature subs are made to order with fresh-sliced meats and cheeses. After building a strong US presence, Jersey Mike's launched international expansion in 2026 with plans for UK/Ireland locations. The brand remains committed to its original sub-making principles while growing globally.
- Qdoba
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - | ||
| Qdoba | Accommodation and Food Services | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-3015-02-4-01-10-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,431,147 CAD |
Property Taxes
Parcel Number
02-3015-02-4-01-10-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,431,147 CAD
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The Shops at West Bank Landing | 413 3rd St NW
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