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Retail Space
New
For Lease
$3,145/Mo

511 24th Street West, Billings, MT 59102

Retail premises available for lease in Billings.

Space Size2,500 SF
Property Size58,285 SF
Days on Market3

Property Features for 511 24th Street West

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Property subtype Retail
Lease Term NNN

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Space Use Retail

Building Details

Building Size 58,285 SF

Spaces For Lease

at 511 24th Street West Contact us

511 24th St W $3,145/Mo

Size
2,500 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency:
Listed By: Nathan Matelich, SIOR, CCIM · License #MT #RRE-BRO-LIC-69991
Source: Cbcmontana
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 22 at 3:46AM

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 Nathan Matelich, SIOR, CCIM

Investment Insights

Based on property information with market context.

The available premises comprise 2,500 SF designated for retail occupancy. The space is offered for lease and provides a straightforward format for a retail operation.

The property is located at 511 24th Street West in Billings, MT 59102.

Key Highlights

  • 2,500 SF retail space
  • Located at 511 24th Street West in Billings, MT 59102

Property Analytics

Current Use

Billings Beauty Supply Big Box & Wholesale Store

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Garden Center Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) 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
$2.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,182
Businesses Nearby
366k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 30% Superstores 29% Dining 24% Apparel 9%
Target Superstores
107,869 visits/mo 0.4 miles
Hobby Lobby Shops & Services
60,997 visits/mo 0.4 miles
T.J. Maxx Apparel
29,391 visits/mo 0.4 miles
McDonald's Dining
28,485 visits/mo 0.4 miles
Dollar Tree Shops & Services
24,437 visits/mo 0.4 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

Lease Benchmarks for Billings, MT

$13.31 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
5,750 SF
Avg Space Size

This space is priced 13% above the average of $13.31 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail premises available for lease in Billings.
Where is this retail space located?
The property is located at 511 24th Street West Billings, MT.
What is the lease rate?
The lease rate is $3,145/Mo.
What are key features of this property?
This property features: 2,500 SF retail space; Located at 511 24th Street West in Billings, MT 59102
More about this property
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