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Retail/Office Space with Drive-Thru Potential
For Lease
$17.50 SF/Yr

1935 Sherwood St, Missoula, MT 59808

End-cap unit with grease trap, high visibility, and drive-thru option.

Space SizeContact for details
Days on Market522

Property Features for 1935 Sherwood St

General Information

Standard status Active
Listing Agency: Eagen Real Estate
Listed By: Jessie Eagen · License #8043
Source: Exprealty
Added: Mar 17, 2025 Changed: Aug 20 Last Checked: Aug 20 at 12:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eagen Real Estate

Investment Insights

Based on property information with market context.

This end-cap unit, situated just off the intersection of Broadway and Russell, offers excellent visibility and a strategic location. The property features 2,750 usable square feet in Unit C and is located adjacent to established businesses. The space can be divided into two smaller units, providing flexible layout options. With an Annual Average Daily Traffic count of 7,500 vehicles, the location benefits from substantial exposure. A grease trap is already in place. The seller is willing to install a drive-thru for a qualified long-term tenant. This property is suitable for a variety of uses including food and beverage, office, or retail businesses.

Key Highlights

  • Excellent location with great visibility off the intersection of Broadway and Russell.
  • Grease trap in place, ideal for food and beverage businesses.
  • End Cap unit with 2,750 usable square feet.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Nail Salon Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

830
Businesses Nearby

Demographics for 59808, MT

21,546
Population
9,938
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
97%
High-School Grad
157.1 sq mi
ZIP Area
137
Density / Sq Mi
$76,795
Median Household Income
$39,324
Median Earnings
$1,236
Median Rent
$419,800
Median Home Value

Market

Lease Benchmarks for Missoula, MT

$25.23 /SF/Yr
Avg Asking Price
$17.5–$34.66 /SF/Yr
Price Range
2,166 SF
Avg Space Size

This space is priced 31% below the average of $25.23 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - End-cap unit with grease trap, high visibility, and drive-thru option.
Where is this retail space located?
The property is located at 1935 Sherwood St Missoula, MT.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Excellent location with great visibility off the intersection of Broadway and Russell.; Grease trap in place, ideal for food and beverage businesses.; End Cap unit with 2,750 usable square feet.
More about this property
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