City Brew Coffee
1325 5th St W, Billings, MT
For Sale
Retail
Street Retail
$1,885,000
Price
865 sqft
Building Size
0.4095 acres
Lot Area
Overview
Building Size
865 sqft
Lot Area
0.4095 acres
Occupancy
100%
Year Built
2022
Description
Brand new City Brew drive thru and walk up café. This is a new flagship drive thru express design for City Brew.
Corner of 5th and Grand across from Senior High School
Highlights
- 10 year lease -- no early termination -- commenced Spring 2022
- Rent bumps 9% after 5 years & in each option period
- Three option terms of Five years each
- NNN lease
- Annual NOI $123,977
- Corporate Tenant with apx 30 stores & growing in WY, ND & MT
- Double drive thru lanes to accommodate car stacking
- Landmark location across from Senior High School
- Listing Broker is the Seller