Freestanding Starbucks with
For Sale
$3,600,000
425 Henry Chapple Street, Billings, MT 59102
New Starbucks with a drive-thru on a 10-year lease.
Property Size2,448 SF
Price / SF$1,470
Days on Market268
Property Features for 425 Henry Chapple Street
General Information
Standard status
Active
Size
2,448 SF
Property subtype
Retail
Net Operating Income
$198,000
Building Details
Building Size
2,448 SF
Year Built
2025
Listing Agency:
Faris Lee Investments
(949) 933-7958
Listed By:
Scott De Young · License #CalDRE #01889050
(949) 933-7958
Source:
Farislee
Added: Nov 25, 2025
Changed: Aug 12
Last Checked: Aug 20 at 5:14AM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
This newly constructed, freestanding Starbucks property in Billings, Montana, is secured by a 10-year triple net lease with four, 5-year renewal options, potentially extending the lease term to 30 years. The lease includes 10% rental increases every five years. The property features a drive-thru, which generates approximately 50% more revenue than non-drive-thru locations. The property is located on a pad site with frontage on Shiloh Road (21,169 VPD) and Monad Road (7,842 VPD), near the on/off ramps for Interstate 90 (31,769 VPD). It is also located approximately half a mile from Shiloh Crossing, a shopping center with 5.4 million annual visitors anchored by Scheels and Kohl’s, and featuring tenants such as Chipotle and McDonald’s. The surrounding area has over 88,000 residents and 32,000 daytime employees, with an average household income exceeding $113,000 within a 5-mile radius. Billings is experiencing residential growth, with 2,670 new housing units added between 2020 and 2024, and capital investment projects, including a new $46 million City Hall and a $950 million hospital under construction. The Starbucks property is located in a prime retail corridor with high visibility. The new drive-thru Starbucks prototype generates 50% more revenue and supports 70% of sales through mobile, drive-thru, and delivery. The property size is 2,448 square feet.
Key Highlights
- Long‑term (10‑year) triple net lease with Starbucks Corporation (SBUX), a financially strong global brand.
- Desirable drive‑thru location generates approximately 50% more revenue than non‑drive‑thru locations.
- Attractive 10% rental increases every five years, providing a hedge against inflation and growing income stream.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,128
Businesses Nearby
365k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 30%
Shops & Services 29%
Dining 26%
Apparel 9%
Target
Superstores
107,869 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
60,997 visits/mo
0.4 miles
T.J. Maxx
Apparel
29,391 visits/mo
0.3 miles
McDonald's
Dining
28,485 visits/mo
0.4 miles
Dollar Tree
Shops & Services
24,437 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
Questions? Ask Rey
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Similar Off Market Nearby
- City Brew Coffee — 100 S 24th St W, Billings, MT 59102
- Mountain Mudd Espresso — 300 S 24th St W, Billings, MT 59102
- City Brew Coffee — 50 24th St W, Billings, MT 59102
- T-Boba (Authentic Taiwanese Milk Tea) — 300 S 24th St W, Billings, MT 59102
- Starbucks — 2601 Central Ave, Billings, MT 59102
Frequently Asked Questions
What type of property is this?
Coffee shop - New Starbucks with a drive-thru on a 10-year lease.
Where is this coffee shop located?
The property is located at 425 Henry Chapple Street Billings, MT.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Long‑term (10‑year) triple net lease with Starbucks Corporation (SBUX), a financially strong global brand.; Desirable drive‑thru location generates approximately 50% more revenue than non‑drive‑thru locations.; Attractive 10% rental increases every five years, providing a hedge against inflation and growing income stream.
