Showroom and Flex
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For Sale
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2777 7th, Bozeman, MT 59715
Vacant vanilla-shell suites offer flexible showroom or service use, with B-2 zoning allowing a range of commercial uses.
Property Size8,880 SF
Price / SF$0.01
Days on Market2
Property Features for 2777 7th
General Information
Standard status
Active
Size
8,880 SF
Class
Class A
Total Parking Spaces
35
Property subtype
Commercial
Zoning
B-2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Clear Height
14 ft
Property Use
Retail/Flex
Amenities
Garage: Common
Common
Building Details
Year Built
2015
Buildings
1
Building Size
8,880 SF
Listing Agency:
Scout Real Estate
Listed By:
Hayden Peirce
(406) 579-8946
Source:
Clearwaterproperties
Added: Oct 23
Last Checked: Oct 23 at 5:16PM
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 Scout Real Estate
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Investment Insights
Based on property information with market context.
This 8,880-square-foot flex building, completed in 2015, is offered vacant in vanilla-shell condition. The available spaces include an approximately 2,280-square-foot end unit and showroom/flex suites of approximately 4,320 and 2,280 square feet; the latter two can be combined for approximately 6,600 square feet. Each unit has a restroom. The building features 14-foot ceilings, north-facing windows, and 35 surface parking stalls.
The property fronts N 7th Ave, a retail corridor with reported traffic of more than 8,000 vehicles per day, and is 0.45 miles from the I-90 interchange. It is adjacent to North Loop, a 250-acre planned development with 544 housing units and new employment. The property was recently annexed into the City of Bozeman and is zoned B-2.
B-2 zoning supports QSR, retail, restaurant, showroom, service, and flex uses. The end unit is suited to restaurant or retail use, while the other suites are configured for showroom or flex occupancy. A tenant improvement allowance is negotiable based on buildout requirements and lease term; a long-term lease is preferred.
The property fronts N 7th Ave, a retail corridor with reported traffic of more than 8,000 vehicles per day, and is 0.45 miles from the I-90 interchange. It is adjacent to North Loop, a 250-acre planned development with 544 housing units and new employment. The property was recently annexed into the City of Bozeman and is zoned B-2.
B-2 zoning supports QSR, retail, restaurant, showroom, service, and flex uses. The end unit is suited to restaurant or retail use, while the other suites are configured for showroom or flex occupancy. A tenant improvement allowance is negotiable based on buildout requirements and lease term; a long-term lease is preferred.
Key Highlights
- 8,880‑square‑foot building constructed in 2015
- Available suites: ±2,280 SF end cap, ±4,320 SF, and ±2,280 SF; the latter two can combine for ±6,600 SF
- 14’ ceilings, one restroom per unit, and 35 surface parking stalls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,861
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,220
$897.2K
Cap Rate 7%
$640,871
$640.9K
Cap Rate 9%
$498,456
$498.5K
Market Conditions
NOI Build-Up for 4,320 SF
Gross rent
$64.8K $15.00/SF
− Vacancy
−$713 −$0.17/SF
EGI
$64.1K $14.83/SF
− OpEx
−$19.2K −$4.45/SF
NOI
$44.9K $10.38/SF
Area
Gallatin County, MT
Vacancy
1.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,220
Cap Rate 7%
$640,871
Cap Rate 9%
$498,456
Alternative Uses
Best Use
Flex RnD
$750.8K
$657.0K – $876.0K
NOI $52,558 @ 7.0% cap · market cap 218,991.67%
Second Best
Retail
$723.2K
$632.8K – $843.7K
NOI $50,622 @ 7.0% cap · market cap 210,925.00%
Theoretical Best
Office A
$1.13M
$987.0K – $1.32M
NOI $78,963 @ 7.0% cap · market cap 329,012.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59715, MT
37,286
Population
17,116
Households
2.2
Avg Household Size
30
Median Age
68%
College-Educated
98%
High-School Grad
294.9 sq mi
ZIP Area
126
Density / Sq Mi
$85,000
Median Household Income
$31,646
Median Earnings
$1,376
Median Rent
$755,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- J Lake Chef — 614 W Griffin Dr Suite B, Bozeman, MT 59715
Frequently Asked Questions
What type of property is this?
Flex space - Vacant vanilla-shell suites offer flexible showroom or service use, with B-2 zoning allowing a range of commercial uses.
Where is this flex space located?
The property is located at 2777 7th Bozeman, MT.
What are key features of this property?
This property features: 8,880‑square‑foot building constructed in 2015; Available suites: ±2,280 SF end cap, ±4,320 SF, and ±2,280 SF; the latter two can combine for ±6,600 SF; 14’ ceilings, one restroom per unit, and 35 surface parking stalls
