7% CAP Investment Property with Credit Tenant | 1100 South Avenue West
1100 South Avenue West, Missoula, MT
$3,130,000
Price
7%
Cap Rate
10,276 sqft
Building Size
Overview
Description
This single-tenant building is fully leased to one of Montana's largest employers. Tenant has four (4) years remaining on existing lease term with annual escalations and one renewal option remaining. Extensive tenant improvements were made including the air conditioning system to accommodate the large data storage area. Within the building are two (2) secure vaults with two (2) HVAC systems with separate zone controls. Restrooms were renovated in the last year as well as new carpet installation. Fantastic central location across from the renovated Missoula Fairgrounds makes this property desirable for any number of office/retail users.
This is a unique investment opportunity, occupied by one of the largest employers in Missoula.
Located on the corner of South Avenue West and Regent Street
Tucked off Brooks Street on South Avenue West across from the Missoula Fair Grounds
Highlights
- Four (4) years of term remaining
- Annual increases
- Recently updated
- Extensive HVAC system
- Central Location