1330 Cedar St - Auto Repair FOR SALE


Helena, MT 59601
$1,980,000 USD
208-726-6495
1330 Cedar St, Helena, MT for Sale
$1,980,000 USD
Auto Repair - FOR SALE
1/4
null | 6% Cap Rate

1330 Cedar St
Helena, MT 59601


HIGHLIGHTS

  • LONG-TERM LEASE: 12-year absolute NNN lease with passive income and scheduled rent increases.
  • NO LANDLORD RESPONSIBILITIES: Absolute NNN—tenant covers taxes, insurance, and all maintenance.
  • CLEAN ENVIRONMENTAL: 2021 Phase I ESA found no issues; tenant is responsible for all remediation and capital items, minimizing owner risk.
  • ESSENTIAL SERVICE TENANT: Jiffy Lube operated by a strong regional franchisee (The Foster Group, 9 units in MT & ID).
  • ESTABLISHED LOCATION: High-traffic Cedar Street corridor with direct I-15 access; operating successfully since 2017.
  • TAX POSITION: Significant cost-segregation potential with eligibility for 100% bonus depreciation to enhance year-one after-tax returns.

OVERVIEW

Northmarq is pleased to present the exclusive opportunity to acquire 1330 Cedar Street, an absolute NNN Jiffy Lube investment located along one of Helena’s primary commercial corridors. The Property comprises approximately 2,400 square feet of building area on ±0.45 acres, offering exceptional visibility, convenient access, and proximity to major retail anchors and national brands. The asset is operated by The Foster Group, Inc., one of Montana’s largest and most successful Jiffy Lube franchisees with 9 locations across Montana and Idaho. The lease features 12 years of remaining term, providing investors with a stable and predictable income stream backed by a proven operator. Strategically positioned less than 1 mile from Interstate 15 and 2 miles from downtown Helena, the property benefits from consistent daily traffic counts of 21,181 VPD and strong local demographics supported by the state’s capital city economy. Average household income within 5 miles is $104,920. Nearby retailers include Safeway, Walmart, Home Depot, Murdoch’s, and Albertsons, driving cross-shopping and sustained consumer activity. With its absolute NNN lease, essential-service tenancy, and central location in one of Montana’s most stable and government-backed markets, this property presents an attractive opportunity for investors seeking durable cash flow and minimal management responsibilities.

FOR SALE DETAILS

PRICE

$1,980,000 USD

PRICE/SF

$733 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jiffy Lube

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

B-2 General Commercial

APN/PARCEL ID

05-1888-20-3-27-06-0000

ASK ABOUT THIS PROPERTY

Michael FedericoNorthmarqMore Info
208-726-6495

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Michael FedericoNorthmarqMore Info
208-726-6495

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.