Multi-Tenant Retail
New
For Sale
Contact for pricing
415 SE 4th St, Laurel, MT 59044
Five occupants hold separate triple-net leases, with the property fully leased.
Property Size9,760 SF
Price / SF$217.42
Days on Market4
Property Features for 415 SE 4th St
General Information
Standard status
Active
Size
9,760 SF
Property subtype
RETAIL
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
Very Little Deferred Maintenance
Additional Details
Cap Rate
6%
Tenant in Place
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial CBS
(406) 656-2001
Listed By:
Nathan Matelich
(406) 781-6889
Source:
Moodyscre
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 5:46PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 9,760-square-foot retail property at 415 SE 4th St in Laurel, Montana, contains five tenant spaces and is fully occupied. Leases are structured on a triple-net basis. The property is described as having very little deferred maintenance.
The current cap rate is 6%; the stated rate after CAM reconciliation in 2027 is 6.5%.
The current cap rate is 6%; the stated rate after CAM reconciliation in 2027 is 6.5%.
Key Highlights
- 9,760‑square‑foot retail building with five separate tenants
- Fully leased with triple‑net leases
- Current cap rate of 6%; stated cap rate of 6.5% after CAM reconciliation in 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,462
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,240
$1.9M
Cap Rate 7%
$1,335,171
$1.3M
Cap Rate 9%
$1,038,467
$1.0M
Market Conditions
NOI Build-Up for 9,760 SF
Gross rent
$140.5K $14.40/SF
− Vacancy
−$7.0K −$0.72/SF
EGI
$133.5K $13.68/SF
− OpEx
−$40.1K −$4.10/SF
NOI
$93.5K $9.58/SF
Area
Yellowstone County, MT
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,240
Cap Rate 7%
$1,335,171
Cap Rate 9%
$1,038,467
Alternative Uses
Best Use
Retail
$1.34M
$1.17M – $1.56M
NOI $93,462 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.86M – $2.47M
NOI $148,414 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 59044, MT
12,099
Population
5,247
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
95%
High-School Grad
175.1 sq mi
ZIP Area
69
Density / Sq Mi
$86,011
Median Household Income
$40,535
Median Earnings
$983
Median Rent
$317,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- ?? — 24 1st ave, laurel, mt 59044
Frequently Asked Questions
What type of property is this?
Shopping center - Five occupants hold separate triple-net leases, with the property fully leased.
Where is this shopping center located?
The property is located at 415 SE 4th St Laurel, MT.
What is the asking price?
The asking price for this property is $2,122,000.
What are key features of this property?
This property features: 9,760‑square‑foot retail building with five separate tenants; Fully leased with triple‑net leases; Current cap rate of 6%; stated cap rate of 6.5% after CAM reconciliation in 2027
