Property Description

This offering presents a rare opportunity to acquire the Billings, Montana headquarters and flagship retail location of Conlin's Furniture, secured by a long-term sale-leaseback with the operating company. Conlin's has operated continuously in this market for decades as a cornerstone of the regional furniture retail landscape, and this property will remain a valued asset to their operations post-closing.

The 44,266 SF building sits on 2.91 acres at 739 S 20 th St W, offering strong visibility and traffic counts (14,095 vpd – Current AADT). The sale-leaseback structure provides an investor with immediate, in-place income backed by a well-established regional operator, with minimal landlord responsibilities under a NNN lease structure.

Company Overview: Conlin's Furniture

Founded in 1937 in Williston, North Dakota, Conlin's Furniture is a private, family-owned regional furniture retail chain now headquartered in Billings, Montana. The company operates 10 stores across Montana, North Dakota, and Washington, offering furniture and bedding from national brands including La-Z-Boy, Flexsteel, Stanton, Sealy, and Simmons through its Conlin's Furniture, The Outlet by Conlin's, and The Sleep Center by Conlin's banners. With nearly nine decades of continuous operation and deep roots in the communities it serves, Conlin's represents a stable, long-tenured retail credit with a demonstrated commitment to its home markets.

Investment Highlights:

Long-term operating history and brand equity in the market Corporate HQ location — high tenant retention likelihood NNN lease provides predictable, long-term income Family-owned operator with strong community ties and customer loyalty