Helena Investment Opportunity with Development
2823 Airport Rd, Helena, MT 59601
Three leased buildings, one available, plus 6.8 acres for development.
Type:Land, Mixed Use, Special Purpose
Property size:
13,457 SFLot size:
6.80 AcresPrice / SF:
$397/SF- Added:
- Nov 21, 2023
- Days on Market:
- 925
- Last Refresh:
- May 12 at 10:05 pm
Property Features for 2823 Airport Rd
General Information
- Standard status
- Active
- Size
- 13,457 SF
- Lot size
- 6.80 Acres
- Property subtype
- Land, Mixed Use, Special Purpose
Listing agent John Lagerquist License #RRE-BRO-LIC-53942
Listing office CENTURY 21 Heritage Realty
Listing date Nov 21, 2023
Source Crexi
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 CENTURY 21 Heritage Realty
HighLights
- Significant income potential from three fully leased buildings (8457 sq ft, NNN leases).
- Substantial development opportunity with approximately 6.8 acres of excess land, valued at approximately $2.5M, suitable for various uses.
- One 5000 sq ft office building available for lease, offering immediate income potential ($11.50 base rate + $5.25 NNN).
- Prime location within Helena city limits, providing access to all city services and easy access to the interstate and major arterials.
- Strategic location near Helena Regional Airport and numerous retail centers.
- Irrigation wells available, potentially reducing landscaping costs.
Overview
This property features three office buildings and one garage, with three of the buildings fully leased, totaling 8457 square feet under NNN leases. There is a 5000-square-foot office building available for lease at a base rate of $11.50 per square foot, plus NNN charges of $5.25 per square foot, covering real property taxes, building insurance, and CAM charges (garbage, summer, and winter services). Tenants are responsible for gas, electric, water, and sewer services. Lease terms are 3-5 years with a 2.75% annual escalator. Financials are available upon submitting an NDA. The property includes approximately 6.8 acres of excess land with development potential for live/work spaces, light industrial flex buildings, and more. The land is valued at approximately $2.5M. Located within Helena city limits, all city services are available, plus wells for irrigation. The property offers easy access to the interstate and major arterials, and is in close proximity to the Helena Regional Airport and numerous retail centers. The total property size is 13457 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Helena
- County
- Lewis and Clark
- State
- Montana
- Longitude
- -111.990629
- Latitude
- 46.6013733
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Three leased buildings, one available, plus 6.8 acres for development.
Where is this office building located?
The property is located at 2823 Airport Rd Helena, MT.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: Significant income potential from three fully leased buildings (8457 sq ft, NNN leases).; Substantial development opportunity with approximately 6.8 acres of excess land, valued at approximately $2.5M, suitable for various uses.; One 5000 sq ft office building available for lease, offering immediate income potential ($11.50 base rate + $5.25 NNN).
