Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3429 Central Ave Ste A Billings, MT 59102

    View on Map
    Sponsored
    Source: https://www.cbcworldwide.com
    For Lease
    $2,352 /Mo ($22 SF/Yr)

    Recently Remodeled Class A Office Space For Lease

    Lot size:
    1,245 SF

    Property Features for 3429 Central Ave Ste A

    General Information

    Property type
    Office Units
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,245 SF
    USF (Usable sq. ft)
    1,245 SF
    Elevators
    N/A
    Total Rate
    2352

    Amenities

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    1

    Overview

    Remodeled Class A Office Space

    This recently remodeled Class A office space is located in the desirable West End of Billings. The 1,245 square foot space features modern doors, new flooring, and fresh paint. The layout includes three offices, a conference room, a kitchenette, and a reception area. There are also two shared ADA-compliant bathrooms. A large pylon sign is available. This office space is suitable for real estate agents, insurance agents, accountants, attorneys, architects, engineers, or any professional services firm seeking retail exposure in a Class A building.

    We can help!

    Listing Contact
    Nathan Matelich

    Learn more

    Property Insight Report
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Samurai Restaurant Timeless Beauty at Aminga Medical Clinic Naturelle Naturals Hair Salon Kristi Gardner Lmt Alternative Medicine Practice The Hive Nutrition Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    State
    Montana
    Longitude
    -109.638757
    Latitude
    47.3752671

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      MT, Billings - N 29th St

      Discover many ways to work your way in One Liberty Place
      208 29Th St, Billings, MT 59101
      View Details
    • $16 SF/Yr
      6,474 SF

      Downtown Retail Space For Rent

      Retail space in downtown Billings, near hospital corridor.
      821 North 27Th St, Billings, MT 59101
      View Details
    • $1,750 /Mo
      3,460 SF

      Class A Office Space Available

      Class A office space for lease in Billings Heights.
      1668 Gleneagles Blvd, Billings, MT 59105
      View Details
    • $8 SF/Yr
      11,085 SF

      Downtown Billings Office Space

      Flexible office spaces in a high visibility downtown location.
      1413 4Th Ave N, Billings, MT 59101
      View Details
    • $12 SF/Yr
      41,503 SF

      Billings Office Space For Lease

      Office spaces for lease with modern amenities and customizable floorplans.
      13 N 23Rd St, Billings, MT 59101
      View Details
    • $15 SF/Yr
      14,052 SF

      Ground Floor Office Suites Available

      Ground floor office suites available for lease in mid-town location.
      1211 Grand Ave, Billings, MT 59102
      View Details
    • $16 SF/Yr
      5,209 SF

      Prime Office Space For Rent

      Office space for rent with modern amenities and ample parking.
      2625 Saint Johns Ave, Billings, MT 59102
      View Details
    • $12 SF/Yr
      427 SF

      Billings Office Space For Rent

      Second-floor office suites with high visibility and convenient access.
      928 Broadwater Ave, Billings, MT 59101
      View Details
    • $12 SF/Yr
      1,456 SF

      Historic Office Space on Grand

      Charming office space with ample parking in prime location.
      629 Grand Ave, Billings, MT 59101
      View Details
    • $8 SF/Yr
      1,200 SF

      Shop Space For Lease

      1,200 SF shop space available for lease.
      1270 Lockwood Rd, Billings, MT 59101
      View Details
    • $14 SF/Yr
      1,740 SF

      Office Building with Private Offices

      1,740 SF office building featuring private offices and conference rooms.
      801 Grand Ave, Billings, MT 59102
      View Details
    • $14 SF/Yr
      3,500 SF

      Office Space with Overhead Door

      3,500 SF office space featuring an overhead door.
      2593-2595 Overland Ave, Billings, MT 59102
      View Details

    FAQs

    What type of property is this?
    Office units - Recently Remodeled Class A Office Space For Lease
    Where is this office units located?
    The property is located at 3429 Central Ave Ste A Billings, MT.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features:
    (406) 656-2001
    Request Owner's contact information
    3429 Central Ave Ste A Billings, MT 59102
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3429 Central Ave Ste A
    Billings, MT 59102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3429 Central Ave Ste A Billings, MT 59102
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nathan Matelich
    (406) 656-2001
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!