For Sale
$2,400,000

40 14Th St Helena, MT 59601

Prime Helena Office Condo, Long-Term Lease

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 5,608 square foot executive office condo, located at 40 W 14th Street, Unit 1, Helena, MT 59601, presents a compelling investment opportunity. The property, part of the Great Northern Town Center, is a single-unit, mixed-use building constructed in 1999 and completely renovated in 2022. Currently occupied by D. A. Davidson under a Net Net + (NN+) lease, the tenant enjoys a lease term extending until December 31, 2031, with a five-year renewal option. The asking price is $2,400,000. The building boasts one story and offers abundant parking. The lease includes annual rent bumps of 1.5%, ensuring consistent income growth. The tenant is responsible for all taxes, insurance, and utilities, minimizing the owner's operational expenses. This prime location within the Great Northern Town Center provides unparalleled convenience, surrounded by a vibrant mix of restaurants, a movie theater, financial services, a hotel, a convention center, and a carousel. This is a rare opportunity to acquire a meticulously maintained, high-demand commercial property with a secure, long-term tenant and significant upside potential. The property's recent renovation ensures modern amenities and functionality, making it an attractive investment for discerning buyers.

Highlights

  • Long-term lease in place.
  • Recently completed total renovation.
  • Triple-net (NNN) lease; tenant responsible for taxes, insurance, and utilities.

Property Details for 40 14Th St

Property type
Office properties, Mixed-use properties
Square Feet
5,608 SF
Year Built/Renovated
1999/2022
Stories
1
Units
1

Location Insight

City
Helena
County
Lewis and Clark
State
Montana
Latitude
46.5966051
Longitude
-112.0373908

FAQs

What type of property is this?
Office property - Prime Helena Office Condo, Long-Term Lease
Where is the office property located?
The property is located at 40 14Th St Helena, MT.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Long-term lease in place.; Recently completed total renovation.; Triple-net (NNN) lease; tenant responsible for taxes, insurance, and utilities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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40 14Th St
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