425-233-9522
600 N Fee St, Helena, MT for Sale
Supermarket - FOR SALE
1/13
null | Request Cap Rate

Feb '26


600 N Fee St
Helena, MT 59601


HIGHLIGHTS

  • OWNER/USER OPPORTUNITY W/ AVAILABLE CASH FLOW
  • FLEXIBLE ZONING (B-2 GENERAL COMMERCIAL DISTRICT)
  • LARGE 2.39 ACRE LOT WITH AMPLE PARKING
  • POTENTIAL PAD DEVELOPMENT
  • SURROUNDED BY NEW DEVELOPMENT
  • DOMINANT RETAIL LOCATION WITH EXCELLENT VISIBILITY | AFFLUENT, HIGH POPULATION GROWTH MARKET

OVERVIEW

Marcus & Millichap's Brown Retail Group has been exclusively selected to market for sale the Former Albertsons in Helena, MT, a 28,300 SF Owner/User opportunity with a national tenant interested in leasing 10,000 SF. The opportunity provides an owner/user with the option to occupy the entire 28,300 SF for its business or occupy 18,300 SF and lease out the additional 10,000 SF to the interested national tenant in order to generate passive cash flow at the property. The property is currently leased to Alberstons, however, Albertsons has already vacated the premises and will terminate its lease at a buyer's discretion, allowing a buyer to collect cash flow until they are ready to occupy the property. The property also features a roughly 20,000 SF pad site adjacent to McDonald's that has redevelopment potential for fast food, coffee, strip retail, or various other tenant uses. The Property is located directly on Hwy 12 and 11th Ave, receiving a combined 29,000+ VPD and is adjacent to I-15 which receives an additional 24,800+ VPD. The Property benefits from its proximity to multiple brand name hotels, including LaQuinta, Days Inn and Hampton Suites. McDonald’s is located as an out-parcel and various other national tenants surround the Property including Walmart, Starbucks, Wendy's, Taco Bell and Walgreens. Within a 1-mile radius, the population has grown nearly 14% since 2020 and is projected to increase by another 10.88% in the next 5 years, with average household incomes of nearly $89,000. Within a 5-mile radius, the population has grown over 11% since 2020.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Albertsons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Fast Food, Freestanding, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.39 AC

LAND SF

104,108 SF

ZONING

B-2

APN/PARCEL ID

05-1888-29-4-21-05-0000

ASK ABOUT THIS PROPERTY

Trevor LaneMarcus & MillichapMore Info
425-233-9522

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

Trevor LaneMarcus & MillichapMore Info
425-233-9522

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