3708 N Reserve St Missoula, MT 59808
3708 N Reserve St, Missoula, MT, 59808
Contact for pricing
For Sale
Contact for pricing
Banks
Property Size7,012 SF
Lot Size0.66 Acres
Price / SF$313.75
Days on Market817
Property Features for 3708 N Reserve St
General Information
- Standard status
- Active
- Size
- 7,012 SF
- Lot size
- 0.66 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing Agency
Sterling CRE Advisors
(406) 360-3102
Listed by
Claire Matten, CCIM/SIOR · License #RRE-BRO-LIC-90048
Source
Crexi
Added: Apr 23, 2024 Checked: Jul 17 at 9:41 am
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 Sterling CRE Advisors
Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location on North Reserve Street, Missoula's busiest corridor, offering excellent visibility and accessibility.
- Rare drive‑thru capability with a triple drive‑thru, ideal for various business types.
- Well‑maintained, two‑story building with ±7,012 SF of office/retail space.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.5k | $27.60 |
| − Vacancy | −$4.8k | −$0.69 |
| EGI | $188.7k | $26.91 |
| − OpEx | −$47.2k | −$6.73 |
| NOI | $141.5k | $20.18 |
7,012 SF · lease $27.60/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.02M
$1.77M – $2.36M
NOI $141,520 @ 7.0% cap · market cap 6.43%
Second Best
Retail
$1.24M
$1.08M – $1.44M
NOI $86,584 @ 7.0% cap · market cap 3.94%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Montana First Credit ...
Credit Union
Similar For Sale Nearby
FAQs
Where is this bank located?
The property is located at 3708 N Reserve St Missoula, MT.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: High‑traffic location on North Reserve Street, Missoula's busiest corridor, offering excellent visibility and accessibility.; Rare drive‑thru capability with a **triple drive‑thru, ideal for various business types.**; Well‑maintained, two‑story building with ±7,012 SF of office/retail space.
