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.
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.
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Contacts
Marcia Allen
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14Th St Helena, MT 59601
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14Th St Helena, MT 59601
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40 14Th St
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