Multi-Tenant Shopping
For Sale
$2,122,000
413 SE 4th St, Laurel, MT 59044
Fully leased retail center with multiple occupants and 2005 construction.
Property Size9,760 SF
Days on Market19
Property Features for 413 SE 4th St
General Information
Standard status
Active
Size
9,760 SF
Property subtype
Retail
Occupancy
100%
Building Details
Building Size
9,760 SF
Year Built
2005
Tenancy
Multi
Listed By:
Nathan Matelich, SIOR, CCIM · License #MT #RRE-BRO-LIC-69991
(406) 781-6889
Source:
Cbcmontana
Added: Sep 18
Changed: Oct 3
Last Checked: Oct 5 at 3:57PM
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.
This multi-tenant shopping center was built in 2005 and is currently 100% leased. The property is configured as a retail investment asset with multiple occupants.
Located at 413 SE 4th St in Laurel, MT 59044, the center offers an established retail property format with full occupancy.
Located at 413 SE 4th St in Laurel, MT 59044, the center offers an established retail property format with full occupancy.
Key Highlights
- 100% leased retail property
- Multi‑tenant shopping center format
- Built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,462
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,240
$1.9M
Cap Rate 7%
$1,335,171
$1.3M
Cap Rate 9%
$1,038,467
$1.0M
Market Conditions
NOI Build-Up for 9,760 SF
Gross rent
$140.5K $14.40/SF
− Vacancy
−$7.0K −$0.72/SF
EGI
$133.5K $13.68/SF
− OpEx
−$40.1K −$4.10/SF
NOI
$93.5K $9.58/SF
Area
Yellowstone County, MT
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,240
Cap Rate 7%
$1,335,171
Cap Rate 9%
$1,038,467
Alternative Uses
Best Use
Retail
$1.34M
$1.17M – $1.56M
NOI $93,462 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.86M – $2.47M
NOI $148,414 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59044, MT
12,099
Population
5,247
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
95%
High-School Grad
175.1 sq mi
ZIP Area
69
Density / Sq Mi
$86,011
Median Household Income
$40,535
Median Earnings
$983
Median Rent
$317,200
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
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Similar Off Market Nearby
- ?? — 24 1st ave, laurel, mt 59044
Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center with multiple occupants and 2005 construction.
Where is this shopping center located?
The property is located at 413 SE 4th St Laurel, MT.
What is the asking price?
The asking price for this property is $2,122,000.
What are key features of this property?
This property features: 100% leased retail property; Multi‑tenant shopping center format; Built in 2005
