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600 Us Highway 2

Other-See Remarks, MT 59201
  • $2,500,000
  • STATUS: Active
  • ON SITE: 163 Days
  • MLS #: 345055
$2,500,000
  • 0
    BEDS
  • 3.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 25,593
    SQFT
  • $98
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2011
County:

School Ratings & Info

Description

7% CAP** Great investment in a successful Family Dollar/Dollar Tree combo store, located just 3/4 miles from downtown Wolf Point and right off of Highway 2, providing an East/West route through Montana. The current lease has 8 years remaining with 3 five-year options to extend (with rental rate increases), NNN terms with minimal landlord responsibilities (only some exterior building maintenance), this property offers an owner/investor a great opportunity for a low maintenance, dependable return.Originally built in 2011 and sitting on 3.88 acres on busy Hwy 2, this property was built as two retail spaces before Family Dollar took the other side and made it into a Dollar Tree/Family Dollar hybrid, increasing its success. It was remodeled in 2022 for this purpose.

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© 2024 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 9/12/2024.
www.searchbillingsrealestate.com/homes/149092238
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600 Us Highway 2 Other-See Remarks, MT 59201

  • Price: $2,500,000
  • Status: Active
  • On Site: 163 Days
  • MLS #: 345055
0
Beds
0
Baths
0
½ Baths
3.88
Acres
25,593
SQFT
$98
$/SQFT
2011
Built
Neighborhood:
None
County:
Roosevelt
Area:
(99) All Other Areas/See Remarks
Property Description
7% CAP** Great investment in a successful Family Dollar/Dollar Tree combo store, located just 3/4 miles from downtown Wolf Point and right off of Highway 2, providing an East/West route through Montana. The current lease has 8 years remaining with 3 five-year options to extend (with rental rate increases), NNN terms with minimal landlord responsibilities (only some exterior building maintenance), this property offers an owner/investor a great opportunity for a low maintenance, dependable return.Originally built in 2011 and sitting on 3.88 acres on busy Hwy 2, this property was built as two retail spaces before Family Dollar took the other side and made it into a Dollar Tree/Family Dollar hybrid, increasing its success. It was remodeled in 2022 for this purpose.
Exterior Features

Alley YN 0 Built Info Existing Land Sq Ft 169012 Road Frontage 0 Road Surface Asphalt Sidewall Height 16

Interior Features

Ceiling Height 16 Heating Gas Forced AirOther Number Of Levels 1 Office Sq Ft 0 Shop Or Warehouse Sq Ft 0

Property Features

Annual SID 0 Cooling Central Disclosure Not on File Gross Annual Income 179151 Lease Type Triple Net Leased YN Yes Net Income 179151 Operating Expenses 0 Possession At Closing Property Sub Type Retail Sales Includes BuildingLand Sewer City Total Taxes 13679 Type Of Business discount store Water Public Zone Other

Listing information © 2024 Billings Association of Realtors MLS
Listing courtesy of Lauren Bond of THE Agency Montana, LLC: 406-800-1222
© 2024 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 9/12/2024.
 
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