NNN Multi-Tenant Retail
3217 Brooks St Missoula, MT 59801
3217 Brooks St, Missoula, MT, 59801
Contact for pricing
For Sale
Contact for pricing
Fully occupied NNN multi-tenant retail building with recent flooring and paint upgrades.
Property Size8,800 SF
Price / SF$181.25
Days on Market135
Property Features for 3217 Brooks St
General Information
- Standard status
- Active
- Size
- 8,800 SF
- Property subtype
- RETAIL
Listing agency
SVN PureWest Commercial Real Estate
(406) 207-8200
Listed by
Devin Khoury · License #RRE-BRO-LIC-14766
(406) 207-8200
Source
Moodyscre
Added: Mar 9 Updated: Jul 20 at 11:13PM Checked: Jul 21 at 6:39AM
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 SVN PureWest Commercial Real Estate
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.
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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $158.4k | $18.00 |
| − Vacancy | −$3.2k | −$0.36 |
| EGI | $155.2k | $17.64 |
| − OpEx | −$46.6k | −$5.29 |
| NOI | $108.7k | $12.35 |
8,800 SF · lease $18.00/SF/yr · vacancy 2.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.55M
$1.36M – $1.81M
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
NOI $177,606 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Garden City Paint ...
Hardware & Home Improvement
Similar For Sale Nearby
FAQs
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