Restaurant Property with
New
For Sale
$995,000
7730 Shedhorn Dr, Bozeman, MT 59718
Dining and bar space occupies the main level, with office, work, and conference areas upstairs.
Property Size3,110 SF
Days on Market4
Property Features for 7730 Shedhorn Dr
General Information
Standard status
Active
Size
3,110 SF
Property subtype
Retail
Restaurant
Patio
Yes
Equipment Included
No
Liquor License
No
Additional Details
Road Access
Yes
Building Details
Building Size
3,110 SF
Year Built
1996
Buildings
1
Listing Agency:
NAI Landmark
Listed By:
Kasey Harte · License #RRE-RBS-LIC-11508
(406) 570-9031
Source:
Naiglobal
Added: Sep 29
Last Checked: Oct 1 at 9:03AM
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 NAI Landmark
Investment Insights
Based on property information with market context.
Built in 1996, this stand-alone restaurant property has dining and bar areas, a walk-in cooler, and gaming machines on its main level. The upper floor contains a private office, work area, and conference room. A patio was added recently and can be served from inside the building or used by a food truck.
The property fronts Huffine in Four Corners. Its two-level configuration brings restaurant and bar functions together with separate upstairs work and meeting space.
The property fronts Huffine in Four Corners. Its two-level configuration brings restaurant and bar functions together with separate upstairs work and meeting space.
Key Highlights
- Stand‑alone restaurant property built in 1996
- Main level includes a bar, dining area, walk‑in cooler, and gaming machines
- Upper floor has a private office, work area, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,658
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$873,160
$873.2K
Cap Rate 7%
$623,686
$623.7K
Cap Rate 9%
$485,089
$485.1K
Market Conditions
NOI Build-Up for 3,110 SF
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.
Gross rent
$62.3K $20.04/SF
− Vacancy
−$4.1K −$1.32/SF
EGI
$58.2K $18.72/SF
− OpEx
−$14.6K −$4.68/SF
NOI
$43.7K $14.04/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$873,160
Cap Rate 7%
$623,686
Cap Rate 9%
$485,089
Alternative Uses
Best Use
Specialty Retail
$623.7K
$545.7K – $727.6K
NOI $43,658 @ 7.0% cap · market cap 4.39%
Second Best
Hotel Hospitality
$569.8K
$498.6K – $664.8K
NOI $39,886 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$812.1K
$710.6K – $947.4K
NOI $56,846 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
40k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Dining 7%
Home Improvements & Furnishings 2%
Town Pump
Shops & Services
13,685 visits/mo
0.2 miles
Exxon
Shops & Services
10,743 visits/mo
0.2 miles
Conoco
Shops & Services
9,270 visits/mo
0.1 miles
Jersey Mike's Subs
Dining
2,753 visits/mo
0.4 miles
Les Schwab Tire Center
Shops & Services
2,282 visits/mo
0.3 miles
Demographics for 59718, MT
43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Dining and bar space occupies the main level, with office, work, and conference areas upstairs.
Where is this conventional restaurant located?
The property is located at 7730 Shedhorn Dr Bozeman, MT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Stand‑alone restaurant property built in 1996; Main level includes a bar, dining area, walk‑in cooler, and gaming machines; Upper floor has a private office, work area, and conference room
