For Sale
$2,600,000

6508 Wagon TrlBillings, MT 59106

6-Unit Net Lease Investment, 4.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Billings, Montana investment opportunity comprises six industrial units totaling 16,800 square feet, situated on a 1.064-acre lot. The property features two single-story, 8,400 square foot buildings constructed in 2014 with pre-engineered steel construction. Each building boasts three 12x14 overhead doors, three man doors, and a 16-foot ceiling height. The property is zoned UNZ and offers excellent visibility and accessibility in a thriving commercial area. Currently operating as a multi-tenant net lease investment with a 4.5% cap rate and a net operating income (NOI) of $117,116, this portfolio presents a strong return on investment. The asking price is $2,600,000, or $433,333.33 per unit, and $154.76 per square foot. This versatile space is suitable for various commercial uses, ensuring long-term value and flexibility. The address is 6508 Wagon Trail E, Billings, MT 59106.

Highlights

  • High-visibility Billings commercial properties in a thriving area with excellent accessibility.
  • 4.5% cap rate offering a strong ROI for investors.

Property Details for 6508 Wagon Trl

Property type
Warehouses, Industrial properties
Square Feet
16,800 SF
Class
B
Year Built
2014
Buildings
2
Stories
1
Lot Size (sq. ft)
46,348 SF
Units
6

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.755151001436
Longitude
-108.68433710456
6508 Wagon Trl, Billings, Montana

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6508 Wagon Trl
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