Remarks

Shiloh-Grand Center is a rare investment opportunity for a superior NW Billings location on the corner of Shiloh Rd and Avenue C. Access in and out of Avenue C is from both North and South on Shiloh Rd. Built in 2004, there are seven separate units that are all NNN leases where current tenants pay a CAM charge and management fee. Boasting a 5.5% CAP rate and an NOI of $120,245, this property is ideal for investors seeking a profitable venture. The interior of the 10,400 SF building is a mix of office and retail space. A monument sign is highly visible on the corner of Avenue C and Shiloh Rd, perfect for the traffic count of 13,523 vehicles per day. There is newer commercial development across Ave C including the newest City Brew in Billings. Don't miss out on this opportunity to own Shiloh-Grand Center - a property with great potential and promising returns.

Details

MLS#: 347308
Price: $1,850,000

Style: Retail
Sq Ft: 10400
Year Built: 2004

County: Yellowstone
Tax Fee: 19950