For Sale
$1,750,000

7099 Niehenke AveBillings, MT 59101

Class A Office & Shop, 6.84% Cap Rate

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional Class A, 8,550 square foot property, located at 7099 Niehenke Avenue in Billings, Montana's Harnish Trade Center, presents a compelling investment opportunity. The building, constructed in 2014, seamlessly blends executive office space with a heated service shop including a wash bay, ideal for a variety of businesses. Situated on a 1.547-acre lot within a controlled industrial zone, the property boasts ample parking for clients and employees. Currently leased through February 28, 2025, at a monthly triple net rent of $9,975, this owner-user or single-tenant triple net (NNN) property offers a strong 6.84% cap rate. The asking price is $1,750,000. Annual real estate taxes for 2023 were $9,720. This west-end Billings location provides a tranquil setting with convenient access to South Frontage Road. The property's zoning is Controlled Industrial, ensuring flexibility for various uses. This is a rare opportunity to acquire a high-quality, income-producing property in a desirable location.

Highlights

  • 8,550 SF Class A office/heated shop with wash bay.
  • 7099 Niehenke Avenue, Billings, MT.
  • Harnish Trade Center, off South Frontage Road.
  • Ample parking for clients and employees.
  • Controlled Industrial zoning.
  • $9,720 annual property taxes (2023).

Property Details for 7099 Niehenke Ave

Property type
Warehouses, Office properties
Square Feet
8,550 SF
Class
A
Year Built
2014
Lot Size (sq. ft)
67,387 SF

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.7301605
Longitude
-108.5938392
7099 Niehenke Ave, Billings, Montana

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FAQs

What type of property is this?
Warehouse - Class A Office & Shop, 6.84% Cap Rate
Where is the warehouse located?
The property is located at 7099 Niehenke Ave Billings, MT.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 8,550 SF Class A office/heated shop with wash bay.; 7099 Niehenke Avenue, Billings, MT.; Harnish Trade Center, off South Frontage Road.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Rob Veltkamp
Rob Veltkamp
Visit Broker Website

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7099 Niehenke Ave, Billings, Montana, 59101

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

7099 Niehenke Ave
  • Rob Veltkamp
    Rob Veltkamp
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