TJ Maxx-Anchored Shopping
For Sale
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2545 Central Ave, Billings, MT 59102
Multi-tenant retail center anchored by national retailers and occupied by a mix of daily-needs tenants.
Property Size51,546 SF
Days on Market142
Property Features for 2545 Central Ave
General Information
Standard status
Active
Size
51,546 SF
Property subtype
Retail
Occupancy
95%
Additional Details
Anchor Co-Tenants
TJ Maxx, Dollar Tree
Building Details
Year Built
1989
Tenancy
Multi
Listing Agency:
Kidder Mathews Portland
Listed By:
Lance Sasser · License #201209212
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 12:15AM
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 Kidder Mathews Portland
Investment Insights
Based on property information with market context.
Rimrock Plaza is a 51,546-square-foot shopping center in Billings, Montana, anchored by TJ Maxx and Dollar Tree. The property contains eight retail tenants and is 95% occupied. TJ Maxx has operated at the center since it was built in 1989, and a five-year extension option was executed in 2021. The anchors carry S&P ratings of A and BBB, respectively.
Located at 2545 Central Ave, the center benefits from nearby national retailers and sits adjacent to a Target-anchored shopping center. Its tenant roster is oriented toward daily-needs retail, providing a multi-tenant format with established occupancy and recognizable anchor presence.
Located at 2545 Central Ave, the center benefits from nearby national retailers and sits adjacent to a Target-anchored shopping center. Its tenant roster is oriented toward daily-needs retail, providing a multi-tenant format with established occupancy and recognizable anchor presence.
Key Highlights
- 51,546 SF shopping center in Billings, MT
- TJ Maxx and Dollar Tree anchor tenants
- 95% occupied by eight daily‑needs retail tenants
Property Analytics
Property Profile
Current Use
Lease Details
95%
Occupancy
Multi-tenant
Tenancy
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
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center anchored by national retailers and occupied by a mix of daily-needs tenants.
Where is this shopping center located?
The property is located at 2545 Central Ave Billings, MT.
What are key features of this property?
This property features: 51,546 SF shopping center in Billings, MT; TJ Maxx and Dollar Tree anchor tenants; 95% occupied by eight daily‑needs retail tenants
