20 4th Mile Dr Kalispell, MT 59901-2632

Property Details for 20 4th Mile Dr

Year built

2007

Construction

WOOD

Property size

2,059 SF

Property type

Office Properties & Spaces

APN

07-3965-01-1-16-15-7015

APU

7396501116157015

Description

This exceptional investment opportunity presents a 2,059 square foot professional office space located at 20 Four Mile Drive, Unit One, Kalispell, Montana. Situated in a prime North Kalispell location, this property benefits from high visibility on a significant Highway 93 traffic corridor, offering excellent exposure for any business. The unit is part of a well-maintained 16-unit professional office park known as the Greenery, providing a professional and attractive setting. Currently leased to a national financial tenant under a triple-net (NNN) lease agreement extending through April 2026, with extension options already requested, ensuring long-term stability and predictable income. The lease boasts a 6.4% capitalization rate, making this a highly attractive investment. The property features convenient shared paved parking, elevator and stair access for accessibility, and four common area restrooms. The 2024 Condominium Owners Association (COA) fee is $9,389, and a special assessment of $2,579 is also in place for 2024. Detailed financial information is available upon request with a signed Non-Disclosure Agreement (NDA). This is a rare opportunity to acquire a stable, high-return investment property in a desirable location.