Building Details

Year built 2011

Floors in Building 1

Listing Agency: THE Agency Montana i***@theagencymontana.com Show Phone

Listed By: Lauren Bond · License #RRE-BRO-LIC-54002 Show Phone

Added: Jun 10 Changed: Sep 15 Last Checked: Oct 5 at 1:06PM

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MLS# 357195

Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 25,230-square-foot retail property was built in 2011 and is occupied by Dollar Tree under an NNN lease. The current term has 6 years remaining, followed by three 5-year renewal options with rental rate increases. The lease carries an 8% CAP rate, and Dollar Tree is committed to continuing operations at the property.

Positioned 3/4 miles from downtown Wolf Point and just off US Highway 2, the property benefits from a route described as an east-west connection through Montana. The 3.88-acre site is served by public water and public sewer. Building systems include forced-air, natural-gas heating and central air conditioning.

The building was originally configured for two retail occupants and can be divided into two retail spaces for future use. The NNN structure limits landlord responsibilities, while the existing tenant and renewal options provide an established occupancy framework.

Key Highlights

• 25,230 SF retail property on 3.88 acres
• Dollar Tree occupancy with 6 years remaining on the current lease
• Three 5‑year renewal options with rental rate increases

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Electrical Service Real Estate Agency Furniture & Home Goods Big Box & Wholesale Store Grocery & Convenience Store Parking Lot & Garage

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

Single-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

281

Businesses Nearby

36k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 51% Groceries 23% Dining 22% Home Improvements & Furnishings 3%

Albertsons Groceries

8,239 visits/mo 0.2 miles

McDonald's Dining

7,834 visits/mo 0.4 miles

Cenex Shops & Services

5,585 visits/mo 0.0 miles

Exxon Shops & Services

4,716 visits/mo 0.3 miles

Town Pump Shops & Services

4,649 visits/mo 0.3 miles

Demographics for 59201, MT

4,998

Population

2,187

Households

2.3

Avg Household Size

35

Median Age

15%

College-Educated

93%

High-School Grad

1,313.1 sq mi

ZIP Area

4

Density / Sq Mi

$47,361

Median Household Income

$35,449

Median Earnings

$725

Median Rent

$131,800

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

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

NNN property - Freestanding retail asset with an occupied lease, renewal options, and the potential to accommodate two separate retail spaces.

Where is this nnn property located?

The property is located at 500 US Highway 2 E Wolf Point, MT.

What is the asking price?

The asking price for this property is $2,230,000.

What are key features of this property?

This property features: 25,230 SF retail property on 3.88 acres; Dollar Tree occupancy with 6 years remaining on the current lease; Three 5‑year renewal options with rental rate increases