826 10Th AveGreat Falls, MT 59405

This exceptional investment opportunity presents a 2,137 square foot retail property in Great Falls, Montana, currently 100% occupied by a Sleep Number store under a triple-net (NNN) lease. The property, built in 2015, boasts a prime location on a hard corner with high visibility, situated on a major retail thoroughfare just off I-15, experiencing approximately 58,000 vehicles per day. The lease, originally commencing April 6, 2016, and expiring April 29, 2026, has a remaining term of approximately 1.4 years. The current annual net operating income (NOI) stands at $103,224, representing an 8.60% cap rate. The lease includes two 5-year renewal options with a 10% rent increase in each. The tenant, Sleep Number, is credit-rated and backed by a corporate guarantee, mitigating risk. The 0.2-acre lot includes 7 parking spaces. Strong demographics within a 2-mile and 5-mile radius further enhance the investment's appeal, with projected population and household growth. This is a rare opportunity to acquire a well-performing, corporate-backed net lease property with significant upside potential. The seller is motivated.