Ground Lease Retail
For Lease
Contact for pricing
2424 Central Ave, Billings, MT 59102
One ground lease pad available at a high-exposure retail center adjacent to WinCo.
Space Size5,000 SF
Property Size22,389 SF
Lot Size0.51 Acres
Days on Market779
Property Features for 2424 Central Ave
General Information
Standard status
Active
Size
5,000 SF
Net Rentable
22,389 SF
Lot size
0.51 Acres
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Available Space
22,389 SF
Contiguous Space
22,389 SF
Space Use
Retail
Lease Terms
Lease Rate
$54,000 /USD/YR
Monthly Rent
$4,500
Rent per SF/Year
$2.41
Additional Details
Road Access
Yes
Spaces For Lease
at 2424 Central Ave Contact us- Floor
- 1
- Size
- 5,000 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
2424 Central Ave $4,500/Mo
- Prime Retail Pad Location Adjacent to WinCo (2019).
- One Ground Lease Pad Available.
-...
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Contact us
Listing Agency:
NAI Business Properties
(406) 690-2320
Listed By:
Michael L. Walker · License #RRE-BRO-LIC-9143
(406) 690-2320
Source:
Moodyscre
Added: Jun 25, 2024
Changed: Aug 8
Last Checked: Aug 12 at 5:51AM
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 NAI Business Properties
Investment Insights
Based on property information with market context.
One ground lease pad is available at a prime retail pad location adjacent to WinCo. The offering is positioned between Chase Bank and WinCo and is part of a larger retail center that currently includes Hardee’s, Chase, and Panera.
Parcel 4 is 22,389 SF, with an opportunity for up to a 5,000 SF building. The site benefits from high exposure at the intersection of 24th Street West and Central Avenue. 24th Street West carries 27,313 ADT, and Central Avenue carries 18,183 ADT.
Shadow anchors for the center include Rimrock Mall, Hobby Lobby, and AMC Theatre.
Parcel 4 is 22,389 SF, with an opportunity for up to a 5,000 SF building. The site benefits from high exposure at the intersection of 24th Street West and Central Avenue. 24th Street West carries 27,313 ADT, and Central Avenue carries 18,183 ADT.
Shadow anchors for the center include Rimrock Mall, Hobby Lobby, and AMC Theatre.
Key Highlights
- One ground lease pad available adjacent to WinCo
- Parcel 4 totals 22,389 SF
- Up to a 5,000 SF building opportunity
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.36 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,044
Businesses Nearby
513k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 23%
Shops & Services 22%
Superstores 21%
Apparel 19%
Target
Superstores
107,869 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
60,997 visits/mo
0.0 miles
Dillard's
Apparel
35,337 visits/mo
0.4 miles
JCPenney
Apparel
31,523 visits/mo
0.3 miles
Albertsons
Groceries
30,467 visits/mo
0.3 miles
Demographics for 59102, MT
48,133
Population
22,706
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,209
Density / Sq Mi
$75,140
Median Household Income
$43,203
Median Earnings
$1,148
Median Rent
$307,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - One ground lease pad available at a high-exposure retail center adjacent to WinCo.
Where is this shopping center located?
The property is located at 2424 Central Ave Billings, MT.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: One ground lease pad available adjacent to WinCo; Parcel 4 totals 22,389 SF; Up to a 5,000 SF building opportunity
