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    2240 Grant Rd Billings, MT 59102

    Sponsored
    For Lease
    $24 SF/Yr ($13,500 /Mo)

    Modern Billings Office Space Available

    Lot size:
    6,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office property, located at 2240 Grant Road in Billings, Montana's West End, offers a variety of flexible spaces ideal for businesses of all sizes. The existing building, completed in 2022, comprises 6,750 square feet across three suites, currently fully vacant and ready for immediate occupancy. Minimum divisible space starts at 1,750 square feet, with a maximum contiguous space of 5,000 square feet available. The property sits on a substantial 69,084 square foot lot and features ample parking with 28 spaces. Zoned CMU2-Corridor Mixed Use 2, this location provides excellent visibility and accessibility, situated near the US Post Office and south of the former Costco location. The property boasts a single-story design and is conveniently located in the Billings West End submarket, with easy access to major thoroughfares. A planned 5,000 square foot building addition offers build-to-suit opportunities for larger tenants, with customizable suites ranging from 1,500 to 5,000 square feet. This prime location, combined with the modern amenities and flexible space options, makes this property an unparalleled opportunity for businesses seeking a prestigious and functional office space in Billings, Montana. The property's APN is A24998A in Yellowstone County, Montana, zip code 59102. The property consists of two buildings. Elevator service is not available.

    Property Features for 2240 Grant Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,750 SF
    Class
    A
    Total Rate
    13500

    Building Details

    Year Built
    2022
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,000 SF
    Rate per SF
    $24

    HighLights

    • Brand new construction featuring a modern design.
    • Ample parking and prominent fascia signage available.
    • Scenic setting overlooking a private pond.
    • 7‑10 year leases available with vanilla shell finish.
    • $40/SF build‑out allowance for 10‑year lease; $30/SF for 7.5‑year lease.
    • $24/SF annual base rent plus estimated $5/SF annual CAM charges (Year 1).
    Property Profile Location Intelligence

    Current Use by Public Records

    Esprit Health Clinic Medical Spa Anderson Management Group Accountant

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.57050479
    Latitude
    45.75341999

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    FAQs

    What type of property is this?
    Medical office - Modern Billings Office Space Available
    Where is this medical office located?
    The property is located at 2240 Grant Rd Billings, MT.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Brand new construction featuring a modern design.; Ample parking and prominent fascia signage available.; Scenic setting overlooking a private pond.
    Request Owner's contact information
    2240 Grant Rd Billings, MT 59102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2240 Grant Rd Billings, MT 59102
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