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NNN Retail Property
For Sale
$3,500,000

739 S 20th St W, Billings, MT 59102

Sale-leaseback structure with an established regional furniture retailer and NNN lease terms to be negotiated before closing.

Property Size44,266 SF
Lot Size2.91 Acres
Price / SF$79.07
Days on Market18

Property Features for 739 S 20th St W

General Information

Standard status Active
Size 44,266 SF
Lot size 2.91 Acres
Property subtype Retail

Financials

Asking Price $3,500,000
Cap Rate 6.17%

Building Details

Building Size 44,266 SF
Tenancy Single
Listing Agency: Coldwell Banker Commercial CBS
Listed By: Mike Bruschwein · License #MT #RRE-RBS-LIC-92467
Source: Cbcmontana
Added: Aug 28 Changed: Sep 2 Last Checked: Sep 14 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 Coldwell Banker Commercial CBS

Investment Insights

Based on property information with market context.

The property comprises a 44,266-square-foot retail building on 2.91 acres and is occupied by Conlin's Furniture, an 88-year-old regional furniture retailer headquartered in Billings. The proposed sale-leaseback includes NNN lease terms, with the lease to be negotiated before closing. The site serves as the tenant’s corporate headquarters and a strategic operating location.

Located at 739 S 20th St W in Billings, the property sits next to Blacksmith Coffee, Perkins, and Circle K. It is also adjacent to the King Ave W retail corridor, placing the building among established commercial uses and recognized retail destinations.

Key Highlights

  • 44,266 SF retail building on 2.91 acres
  • Sale‑leaseback with Conlin's Furniture, an 88‑year‑old regional retail brand
  • NNN lease terms to be negotiated prior to closing

Property Analytics

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Current Use

Conlin's Furniture Furniture & Home Goods

Suggested Use

Top Pick Law Firm Catering Service Florist Parking Lot & Garage Dental Office (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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby
267k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 24% Home Improvements & Furnishings 6% Hotels & Casinos 4%
Texas Roadhouse Dining
33,020 visits/mo 0.2 miles
Olive Garden Dining
31,848 visits/mo 0.3 miles
Holiday Station Store Shops & Services
31,553 visits/mo 0.1 miles
Starbucks Dining
17,432 visits/mo 0.1 miles
Fuddruckers Dining
16,712 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

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

What type of property is this?
NNN property - Sale-leaseback structure with an established regional furniture retailer and NNN lease terms to be negotiated before closing.
Where is this nnn property located?
The property is located at 739 S 20th St W Billings, MT.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 44,266 SF retail building on 2.91 acres; Sale‑leaseback with Conlin's Furniture, an 88‑year‑old regional retail brand; NNN lease terms to be negotiated prior to closing
More about this property
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