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

1002 Buckskin Dr Deer Lodge, MT 59722

View on Map
Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

NN+ leased property with renewal options and rent increases.

Lot size:
0.99 Acres

Property Features for 1002 Buckskin Dr

General Information

Standard status
Active
Lot size
0.99 Acres

We can help!

Listing Contact
Justin Hartman
Source: Exprealty

Listing Agency: Go Montana Real Estate Listing Agent: Justin Hartman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

Profitable Investment Opportunity in Montana

This property presents a unique investment opportunity in Montana, characterized by a strong lease structure. The initial lease term has four years remaining, with tenant options to renew six times. Rent increases are scheduled every five years. The property is offered at a 6% capitalization rate, with the potential to reach an 8.1% capitalization rate after all options are exercised under the current lease structure. The lease is structured as NN+, with the owner responsible for taxes and insurance, which are then reimbursed by the tenant. Located in Deer Lodge, a growing community, the area is experiencing new investment in the state prison expansion and a 200-unit subdivision. The presence of a high-quality golf community also contributes to the demand for textile goods and services. The property benefits from low market competition, enhancing owner security. Constructed in 2019, the building requires minimal exterior maintenance, making it an almost entirely hands-off investment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Specialty properties

Map

City
Deer Lodge
County
Powell
State
Montana
Longitude
-112.1937261
Latitude
46.6598762

FAQs

What type of property is this?
Specialty property - NN+ leased property with renewal options and rent increases.
Where is this specialty property located?
The property is located at 1002 Buckskin Dr Deer Lodge, MT.
What are key features of this property?
This property features: - Strong lease structure with tenant options to renew six times, including rent increases every five years.; - Offered at a **6% cap rate**, increasing to **8.1%** after all renewal options are exercised.; - NN+ lease structure provides reimbursement for taxes and insurance.
More about this property
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