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62 Mercury st
Butte, MT 59701
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • NNN Investment Property

EXECUTIVE SUMMARY

Explore an outstanding investment opportunity at 64 W Mercury Ave in Butte, Montana! This property features a Dairy Queen Grill & Chill presenting a lucrative absolute NNN leased investment. The sale includes the building and land. (Business is not included in this sale but could also be purchased for an additional $300,000.) Built in 2020, the property encompasses 2,742 square feet on a 24,219 square foot lot. The property is secured by a 10-year lease, generating an annual income of $92,760, with 3% increases every other year, ensuring a steady and growing return on investment. This property offers absolute NNN lease terms, meaning no landlord responsibilities, making it a hassle-free investment. Positioned along W Mercury Ave, the property enjoys high visibility and easy access, drawing a consistent flow of customers to this popular Dairy Queen location. Call Jessie Eagen at (406) 542-1811 or your real estate professional for more information.
The property is conveniently located near residential areas, retail centers, schools, parks, and churches. Neighboring businesses include Head Frame Spirits, Pork Chop John's, Maverick Motorsports, and St. James' Hospital, further enhancing its prime location.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Building Size
2,742 SF
Year Built
2020
Price
$1,838,709 CAD
Price Per SF
$670.57 CAD
Cap Rate
6.90%
NOI
$126,871 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.56 AC
Opportunity Zone
Yes
Zoning
2
Frontage
37’ on Mercury St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-1197-13-4-73-12-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,297,151 CAD
  • Listing ID: 32198773

  • Date on Market: 2024-06-20

  • Last Updated:

  • Address: 62 Mercury st, Butte, MT 59701

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