1001 Higgins Ave Missoula, MT 59803

This 1,423 square foot medical office building, located at 1001 SW Higgins Ave in Missoula, Montana, presents a compelling investment opportunity. The property, built in 1994 and renovated in 2001, boasts a 5.45% cap rate and a strong net operating income (NOI) of $21,199. Currently 100% occupied by a single tenant, My Hearing Centers, under a gross lease, the building offers long-term stability with the lease extending until April 2027. The property is meticulously maintained, situated on the first floor, and benefits from excellent visibility and a prime location in Missoula. The asking price is $389,000, translating to a price per square foot of $273.37. This is a turnkey investment in a professional services building, ideal for a passive investor seeking a stable, high-return asset in a desirable Montana market. The building is a condo unit within a larger complex. This exceptional opportunity combines a strong tenant, a favorable lease structure, and a high-performing financial profile. The property's location in Missoula, Montana, offers easy access to major transportation routes and a thriving local economy.