3025-3033 Paxson StMissoula, MT 59801
High-Occupancy Shopping Center in Missoula, MT
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- 55,143-square-foot shopping center in Missoula, Montana, shadow-anchored by Scheels and Southgate Mall.
- 100% occupied with a diverse tenant mix, including Providence Health Services (21,691 sq ft, 10-year lease), Do It Best (15,954 sq ft indoor + 9,269 sq ft outdoor, 10-year lease), and Cost Plus World Market (5-year lease extension).
- Providence Health Services, Montana's largest healthcare provider, boasts an "A" credit rating from Fitch Ratings.
- Do It Best, the second-largest home improvement co-op, occupies significant space.
- Cost Plus World Market's lease is below market rate ($10.14/SF), while Providence and Do It Best pay an average of $18.88/SF; 8.8-year weighted average lease term (WALT).
Property Details for 3025-3033 Paxson St
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 55,143 SF
- Lot Size (sq. ft)
- 213,444 SF
Location Insight
- City
- Missoula
- County
- Missoula
- State
- Montana
- Latitude
- 46.84327594
- Longitude
- -114.03009242
Nearby Similar for Sale
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