Office Suite with Lease
For Sale
Contact for pricing
1629 Avenue D A5, Billings, MT 59102
Office Suite A5 offers 620 SF with stated monthly rent estimate including CAM.
Property Size620 SF
Price / SF$0.02
Days on Market102
Property Features for 1629 Avenue D A5
General Information
Standard status
Active
Size
620 SF
Class
A
Property subtype
Office
Lease Term
NNN
Site & Location
Neighborhood
North Central
Building Details
Building Size
620 SF
Properties For Sale
at 1629 Avenue D A5
Ste A5
Size
620 SF
Term
Negotiable
Listing Agency:
Coldwell Banker Commercial CBS
Listed By:
David Mitchell, SIOR, CCIM · License #MT #RRE-BRO-LIC-38907
(406) 794-3404
Source:
Cbcmontana
Added: Jul 22
Changed: Oct 26
Last Checked: Oct 30 at 11:17AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
1629 Avenue D offers an office suite designated as Suite A5. The space is listed at 620 SF, with a monthly rent estimate of $950.00 including CAM, and a stated lease rate of $10.50/SF alongside a CAM estimate of $8.00/SF.
The property is located at 1629 Avenue D in Billings, Montana, and the suite is offered as part of the available office-unit inventory.
Suite A5 is presented as an individual office option within the building, suited for tenants seeking a smaller, defined workplace footprint.
The property is located at 1629 Avenue D in Billings, Montana, and the suite is offered as part of the available office-unit inventory.
Suite A5 is presented as an individual office option within the building, suited for tenants seeking a smaller, defined workplace footprint.
Key Highlights
- Office suite A5 at 1629 Ave D, Billings, MT
- 620 SF office suite
- Stated monthly rent estimate: $950.00 including CAM
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,796
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,920
$135.9K
Cap Rate 7%
$97,086
$97.1K
Cap Rate 9%
$75,511
$75.5K
Market Conditions
NOI Build-Up for 620 SF
Gross rent
$10.8K $17.40/SF
− Vacancy
−$1.7K −$2.78/SF
EGI
$9.1K $14.62/SF
− OpEx
−$2.3K −$3.65/SF
NOI
$6.8K $10.96/SF
Area
Billings, MT
Vacancy
16.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,920
Cap Rate 7%
$97,086
Cap Rate 9%
$75,511
Alternative Uses
Best Use
Office B
$97.1K
$85.0K – $113.3K
NOI $6,796 @ 7.0% cap · market cap 64,723.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$135.3K
$118.4K – $157.8K
NOI $9,470 @ 7.0% cap · market cap 90,190.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,078
Businesses Nearby
Explore this area
Business Placement
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 Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office Suite A5 offers 620 SF with stated monthly rent estimate including CAM.
Where is this office unit located?
The property is located at 1629 Avenue D A5 Billings, MT.
What are key features of this property?
This property features: Office suite A5 at 1629 Ave D, Billings, MT; 620 SF office suite; Stated monthly rent estimate: $950.00 including CAM
