3100 N Montana Ave - Convenience Store FOR SALE


Helena, MT 59602
$2,051,000 USD
949-221-1803
3100 N Montana Ave, Helena, MT for Sale
$2,051,000 USD
Convenience Store - FOR SALE
1/7
null | 5.85% Cap Rate

3100 N Montana Ave
Helena, MT 59602


HIGHLIGHTS

  • Brand New Construction, Dual Drive-Thru 7 Brew Coffee in Montana
  • Dominant Hard-Corner Position at #1 Intersection in Region (40,000+ VPD)
  • Affluent demographics supporting Trade Area
  • Absolute NNN Ground Lease: Ultimate Ease of Management for Investor
  • Higher Average Sales Volume ($2.6M+) VS. Dutch Bros, Starbucks, Dunkin’, Scooter’s, etc.
  • Long Term 15-Year Initial Lease Term with Options to Renew

OVERVIEW

Faris Lee Investments is pleased to present the rare opportunity to acquire a brand-new, dual drive-thru 7 Brew Coffee property in Helena MT, the first 7 Brew Coffee location to open in the state of Montana. The asset is secured by an Absolute NNN ground lease featuring rental increases every five years, offering investors a passive, inflation-hedged income stream with zero landlord responsibilities and increasing annual cash flow throughout the lease term. Strategically positioned on a premier hard-corner intersection combining for more than 41,000 vehicles per day near Interstate 15, the site benefits from exceptional retail synergy from nearby Costco Wholesale, Target, Albertsons, WinCo Foods, Home Depot, and Lowe’s. These retailers collectively draw millions of annual visits from a 75-mile regional trade area (Placer.ai). The property is operated by a best-in-class franchise operator with more than 350 units nationwide across 5 different brands, and located within the high-barrier-to-entry capital city of Montana. The intrinsic real estate, affluent Helena demographics, and retail synergies combine to create a premier opportunity for an investor acquire an Absolute NNN 7 Brew Coffee investment property in Montana.

FOR SALE DETAILS

PRICE

$2,051,000 USD

PRICE/SF

$852 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Fast Food, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,812 SF

ZONING

-

APN/PARCEL ID

05-1888-18-4-01-10-0000

ASK ABOUT THIS PROPERTY

Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

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Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

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