2823 Airport Rd Helena, MT 59601

This exceptional 10.08-acre commercial property in Helena, Montana, presents a lucrative investment opportunity. The site encompasses four buildings totaling 13,457 square feet, constructed between 1981 and 1992, with various renovations throughout the years. Three buildings are currently under a net lease agreement with two tenants, occupying 8,457 square feet at 63% occupancy. The lease, commencing December 1, 2020, and expiring January 31, 2029, features a remaining term of 4.2 years and includes a 2.75% annual rent bump. A 5,000-square-foot office building is available for lease at a base rate of $11.50 per square foot, plus NNN charges of $5.25 per square foot, covering property taxes, insurance, and CAM charges (garbage, seasonal services). Utilities are tenant responsibility. Lease options include a renewal provision. The property boasts 45 parking spaces and is zoned CLM. The land, valued at approximately $8.50 per square foot, offers significant development potential for uses such as live/work spaces or light industrial flex buildings. Located within Helena city limits, it benefits from easy interstate access, proximity to the Helena Regional Airport, and various retail centers. Additional features include irrigation wells. The asking price is $5,350,000. Financial details are available upon request with a non-disclosure agreement.