Search
Net-Leased Perkins Restaurant
For Sale
Contact for pricing

825 N 27th St, Billings, MT 59101

Net leased Perkins restaurant located in Billings’ medical corridor and downtown.

Property SizeContact for details
Days on Market124

Property Features for 825 N 27th St

General Information

Standard status Active
Property subtype Retail
Listing Agency: NAI Business Properties
Listed By: Drew Smith, CCIM · License #MT 14070
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 2:01AM

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 Business Properties

Investment Insights

Based on property information with market context.

This is a net leased Perkins restaurant offering a stabilized, single-tenant structure. The property is presented as part of Billings’ medical corridor and downtown area.

According to the provided remarks, the three-year average NOI is $130,500.

Key Highlights

  • Net leased Perkins restaurant in Billings’ medical corridor and downtown
  • Three‑year average NOI of $130,500

Property Analytics

Current Use

Perkins Restaurant & Bakery Restaurant Rimrock Cakes, Inc. Bakery

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Garden Center Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,667
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 34% Groceries 31% Hotels & Casinos 24% Shops & Services 11%
Albertsons Groceries
17,906 visits/mo 0.4 miles
Hardee's Dining
9,472 visits/mo 0.4 miles
DoubleTree by Hilton Hotel Billings Hotels & Casinos
8,726 visits/mo 0.0 miles
KFC Dining
6,863 visits/mo 0.5 miles
Dickey's Barbecue Pit Dining
3,253 visits/mo 0.1 miles

Demographics for 59101, MT

41,522
Population
18,864
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
590.8 sq mi
ZIP Area
70
Density / Sq Mi
$58,165
Median Household Income
$36,258
Median Earnings
$930
Median Rent
$243,000
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Net leased Perkins restaurant located in Billings’ medical corridor and downtown.
Where is this conventional restaurant located?
The property is located at 825 N 27th St Billings, MT.
What are key features of this property?
This property features: Net leased Perkins restaurant in Billings’ medical corridor and downtown; Three‑year average NOI of $130,500
(406) 672-2698 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message