1627 Dickie Rd, Billings, MT
Industrial for Sale - $845,000 - 9,420 Sq. Ft. on 1 acres
Agent Info
| Nathan Matelich Coldwell Banker Commercial CBS |
Property Info
| CIMLS# | 1148044 |
| Location 1627 Dickie Rd Billings MT 59101 | |
| Updated | February 8th, 2024 |
| Type | Industrial |
| Price | $845,000 |
| Building | 9,420 Sq. Ft. |
| Land | 1 acres |
Property Description
* 1627 Dickie Rd, Billings, MT
* Triple Net Leased Industrial Investment Property
*For Sale $845,000
*New 5 Year Lease with 2.5% Escalators
*9% Cap Rate
*NOI = $76,050/yr
*9,420 SF Industrial Building
*1.51 Acres of Land
*Building was Built in 1950, Renovated in 1992
*Includes 2 qty $400/mo Mobile Home Pad Sites Leased by BevCo Countertops (Tenant Owned Mobiles)
*2 Space Mobile Home Infrastructure added in 1985
*BevCo Lease is Triple Net with Yearly NNN Adjustments
*Tenant is Responsible for 100% of Interior Maintenance & All Maintenance on Mobile Homes
*Landlord is Responsible for Roof, Exterior Walls and Foundation Only
