2975 Max AveBozeman, MT 59718

Property Details for 2975 Max Ave

Year built

2006

Construction

WOOD

Lot size

2.98 AC

Property size (Sq ft)

20,454 SF

Property type

Retail properties

Property subtype

Retail space

APN

06-0904-35-1-50-01-0000

APU

6090435150010000

Description

Gallatin Shopping Center presents a prime retail opportunity in Bozeman's thriving market. This Class B power center offers a total of 156,352 square feet across three single-story buildings, strategically located near Valley Center Road and 19th Avenue. The property is zoned C and features multiple tenancies, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 12,000 square feet. Currently, there are two suites within the center, and all space is currently occupied. The center boasts excellent freeway visibility and close freeway proximity, ensuring high traffic volume and exposure for tenants. Opportunities exist for build-to-suit (BTS) mid-box spaces, as well as box and shop spaces. Inline shops are available at a net-net-net (NNN) rate of $30.00 per square foot. This established center provides a strong foundation for businesses seeking a high-traffic location in a dynamic and growing community. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $5,377,112

  6.5%

  $4,963,488

  7%

  $4,608,953

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,989,713

  Geo Method

  $10,989,713

• Alternative Use

  Use

  Valuation

  Residential

  $4,186,888

  Hospitality

  $3,835,167

  Educational

  $3,190,814

  Medical

  $3,300,551

  Retail

  $4,963,488

Location Insight

City

Bozeman

County

Gallatin

State

Montana

Latitude

45.7095

Longitude

-111.071

CBSA code

14580

CBSA name

BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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