Building Details

Tenancy Multi

Listing Agency: SVN PureWest Commercial Real Estate Show Phone

Listed By: Devin Khoury · License #RRE-BRO-LIC-14766 Show Phone

Source: Moodyscre

Added: Mar 9 Changed: Oct 13 Last Checked: Oct 19 at 5:00AM

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Investment Insights

Based on property information with market context.

This NNN multi-tenant retail property is offered for sale as a fully occupied investment. The building has recent upgrades including new flooring and paint, supporting a clean, ready-to-rent presentation. The current income performance is described as more than $100,000 NOI, backed by NNN lease structure.

Exposure is a key attribute: daily traffic counts of almost 25,000 cars per day are reported through the intersection, providing consistent visibility for the tenant mix.

The offering is positioned for buyers seeking a stabilized, NNN income stream within a retail center format, with all units reported as currently occupied.

Key Highlights

• NNN multi‑tenant retail building with fully occupied status
• More than $100,000 NOI
• Daily exposure from nearly 25,000 cars per day at the intersection

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$108,662

Cap Rate

6.81%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,173,240 $2.2M

Cap Rate 7%

$1,552,314 $1.6M

Cap Rate 9%

$1,207,356 $1.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,800 SF

Gross rent

$158.4K $18.00/SF

− Vacancy

−$3.2K −$0.36/SF

EGI

$155.2K $17.64/SF

− OpEx

−$46.6K −$5.29/SF

NOI

$108.7K $12.35/SF

Area

Missoula County, MT

Vacancy

2.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,173,240

Cap Rate 7%

$1,552,314

Cap Rate 9%

$1,207,356

Alternative Uses

Best Use

Retail

$1.55M

$1.36M – $1.81M (±1% cap)

NOI $108,662 @ 7.0% cap · market cap 6.81%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$2.54M

$2.22M – $2.96M (±1% cap)

NOI $177,606 @ 7.0% cap · market cap 11.14%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Garden City Paint ... Hardware & Home Improvement

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store Barber Shop Catering Service

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

25,000 VPD

Traffic count

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,229

Businesses Nearby

403k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Apparel 42% Dining 26% Shops & Services 17% Home Improvements & Furnishings 8%

Scheels Apparel

81,796 visits/mo 0.3 miles

Hobby Lobby Shops & Services

46,562 visits/mo 0.3 miles

Dillard's Apparel

36,798 visits/mo 0.5 miles

AMC Dine-In Southgate 9 Leisure

29,686 visits/mo 0.3 miles

Kohl's Apparel

29,571 visits/mo 0.5 miles

Demographics for 59801, MT

30,629

Population

15,814

Households

1.9

Avg Household Size

34

Median Age

51%

College-Educated

97%

High-School Grad

7.7 sq mi

ZIP Area

3,978

Density / Sq Mi

$55,022

Median Household Income

$34,320

Median Earnings

$1,086

Median Rent

$393,400

Median Home Value

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 - Fully occupied NNN multi-tenant retail building with recent flooring and paint upgrades.

Where is this nnn property located?

The property is located at 3217 Brooks St Missoula, MT.

What is the asking price?

The asking price for this property is $1,595,000.

What are key features of this property?

This property features: NNN multi‑tenant retail building with fully occupied status; More than $100,000 NOI; Daily exposure from nearly 25,000 cars per day at the intersection