Black Bear Diner NNN
For Sale
Contact for pricing
1420 Market Place, Great Falls, MT 59404
Single-tenant NNN condo with 20-year lease and zero landlord responsibilities, featuring 1.25% annual increases.
Property SizeContact for details
Days on Market124
Property Features for 1420 Market Place
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
11,000 vehicles/day
Listing Agency:
SAB Capital
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 10:09AM
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 SAB Capital
Investment Insights
Based on property information with market context.
This single-tenant NNN restaurant condo is leased under a recently executed 20-year triple-net (NNN) agreement with zero landlord responsibilities. The lease includes 1.25% annual increases, and the obligation is guaranteed by Meridian Restaurants Limited Company (L.C.), which operates 127 restaurants across multiple concepts.
The Black Bear Diner is a pad site to a 440,000-square-foot power center anchored by Home Depot, Michaels, Smith’s, and AMC Classic. The property has frontage along 14th Street Southwest, which is described as seeing more than 11,000 vehicles per day (VPD). Nearby are four hotels that serve the Great Falls International Airport, supporting consistent traffic in the area.
The site is positioned within an affluent area; average household income within one mile is reported to be greater than $98,000.
The Black Bear Diner is a pad site to a 440,000-square-foot power center anchored by Home Depot, Michaels, Smith’s, and AMC Classic. The property has frontage along 14th Street Southwest, which is described as seeing more than 11,000 vehicles per day (VPD). Nearby are four hotels that serve the Great Falls International Airport, supporting consistent traffic in the area.
The site is positioned within an affluent area; average household income within one mile is reported to be greater than $98,000.
Key Highlights
- Single‑tenant NNN condo leased for 20 years with zero landlord responsibilities
- Lease includes 1.25% annual increases
- Black Bear Diner guaranteed by Meridian Restaurants Limited Company (L.C.), operating 127 restaurants across multiple concepts
Property Analytics
Property Profile
Current Use
Lease Details
11,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
Demographics for 59404, MT
28,131
Population
11,828
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
331.4 sq mi
ZIP Area
85
Density / Sq Mi
$79,327
Median Household Income
$44,545
Median Earnings
$1,034
Median Rent
$272,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant NNN condo with 20-year lease and zero landlord responsibilities, featuring 1.25% annual increases.
Where is this nnn property located?
The property is located at 1420 Market Place Great Falls, MT.
What are key features of this property?
This property features: Single‑tenant NNN condo leased for 20 years with zero landlord responsibilities; Lease includes 1.25% annual increases; Black Bear Diner guaranteed by Meridian Restaurants Limited Company (L.C.), operating 127 restaurants across multiple concepts
