For Sale
$675,000

20 Four Mile Dr Kalispell, MT 59901

High-Cap Rate, Prime Location, Long-Term Tenant

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional mixed-use commercial building, located at 20 Four Mile Drive One in Kalispell, Montana, presents a compelling investment opportunity. Built in 2005, the property boasts a prime location off Highway 93 and Four Mile Drive, benefiting from significant traffic exposure on a major highway corridor. Currently configured as professional office space, the building features a shared paved parking lot, ensuring convenient access for tenants and visitors. The unit itself is handicap accessible, with shared elevator and stair access for ease of movement. Four common area restrooms are available for shared use. The property offers a strong 6.2-cap rate and includes a long-term tenant (ten plus years) under a triple net (NNN) lease extending through 2026, with extension options already requested. The building sits on a lot with zero acres. Detailed financial information is available upon request with a signed non-disclosure agreement (NDA). This is an ideal investment for those seeking a stable, high-return property in a desirable Montana location. The zip code is 59901. The property is situated in Flathead County.

Highlights

  • Exceptional mixed-use commercial building in Kalispell, MT (59901), built in 2005.
  • Prime location off Highway 93 and Four Mile Drive, offering high traffic visibility.
  • Currently configured as professional office space with shared paved parking, elevator, and four common restrooms.
  • Handicap accessible with shared elevator and stair access.
  • Strong 6.2-cap rate with a long-term (10+ years) NNN lease extending to 2026, plus extension options.

Property Details for 20 Four Mile Dr

Property type
Mixed-use properties, Banks
Year Built
2005

Location Insight

City
Kalispell
County
Flathead
State
Montana
Latitude
48.2254683
Longitude
-114.331193

FAQs

What type of property is this?
Mixed-use property - High-Cap Rate, Prime Location, Long-Term Tenant
Where is the mixed-use property located?
The property is located at 20 Four Mile Dr Kalispell, MT.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Exceptional mixed-use commercial building in Kalispell, MT (59901), built in 2005.; Prime location off Highway 93 and Four Mile Drive, offering high traffic visibility.; Currently configured as professional office space with shared paved parking, elevator, and four common restrooms.
How can I contact the broker?
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20 Four Mile Dr
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