2024 US Hwy 2 E - Garden Center FOR SALE


Kalispell, MT 59901
$9,160,000 USD
206-518-9567
2024 US Hwy 2 E, Kalispell, MT for Sale
$9,160,000 USD
Garden Center - FOR SALE
1/18
null | 7% Cap Rate

2024 US Hwy 2 E
Kalispell, MT 59901


HIGHLIGHTS

  • Dunham’s Low Rent
  • Contracted Rental Increases/NOI Growth
  • Long-Term Leases
  • High-Growth Trade Area
  • Pending Lease to 7 Brew
  • Same Store Scarcity

OVERVIEW

This property offers investors the opportunity to acquire a stabilized three-tenant retail asset in the high-growth Kalispell, Montana trade area. Tractor Supply and Dunham’s Sports have backfilled a former K-Mart building with long-term leases, providing more than 12 years of weighted average lease term (WALT) and secure, predictable cash flow, while a pending 10-year lease with 7 Brew Coffee will add a drive-thru pad that enhances traffic and supports long-term income growth. With excellent access, visibility, and Highway 2 frontage in one of Montana’s fastest-growing trade areas, the asset combines durable in-place income with additional upside potential for investors.

FOR SALE DETAILS

PRICE

$9,160,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Garden Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

245

LAND DETAILS

LAND ACRES

8.52 AC

LAND SF

371,131 SF

ZONING

B-3

APN/PARCEL ID

07-3966-04-3-10-01-0000

ASK ABOUT THIS PROPERTY

Billy SleethNewmarkMore Info
206-518-9567

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Billy SleethNewmarkMore Info
206-518-9567

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