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501 River DrGreat Falls, MT 59405

Class A Office, 100% Occupied, NNN Leases

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A office complex in Great Falls, Montana presents a rare investment opportunity. The property, built in 2021, comprises a single three-story building totaling 17,706 net rentable square feet situated on a 1.12-acre lot. It boasts 100% occupancy with two high-credit tenants: Opportunity Bank of Montana and BHE Montana, a Berkshire Hathaway Energy Company. Both tenants are on triple-net (NNN) leases, minimizing management responsibilities for the owner. Leases feature annual rent escalations of approximately 3.2%, based on the year-over-year CPI-U index, offering inflation protection and revenue growth. The property's prime location in Great Falls, Montana's third-largest city, offers convenient access to I-15, US 87, and Great Falls International Airport. The modern infrastructure and well-maintained condition, combined with the strong tenancy and lease terms, make this a highly desirable investment asset in a sought-after Montana market. The permitted zoning is commercial, and the property's address is 501 River Dr S, Great Falls, MT 59405. The average lease term is eight years, providing a stable income stream for the foreseeable future. This is a truly exceptional opportunity to acquire a premier office complex with minimal management requirements and significant upside potential.

Property Details for 501 River Dr

Property type
Office properties
Square Feet
17,706 SF
Class
A
Year Built
2021
Buildings
1
Stories
3
Lot Size (sq. ft)
48,787 SF

Location Insight

City
Great Falls
County
Cascade
State
Montana
Latitude
47.499131320352
Longitude
-111.30673886943
501 River Dr, Great Falls, Montana

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501 River Dr
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