6508 Wagon Trl Billings, MT 59106
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6-Unit Net Lease Investment, 4.5% Cap Rate
Property size:
16,800 SFProperty Features for 6508 Wagon Trl
General Information
- Property type
- Distribution properties
- Square Feet
- 16,800 SF
- Class
- B
- Lot Size
- 46,348 SF
Building Details
- Year Built
- 2014
- Buildings
- 2
- Stories
- 1
- Units
- 6
Listing Agent: Jon Ussin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional Billings, Montana investment opportunity comprises six industrial units totaling 16,800 square feet, situated on a 1.064-acre lot. The property features two single-story, 8,400 square foot buildings constructed in 2014 with pre-engineered steel construction. Each building boasts three 12x14 overhead doors, three man doors, and a 16-foot ceiling height. The property is zoned UNZ and offers excellent visibility and accessibility in a thriving commercial area. Currently operating as a multi-tenant net lease investment with a 4.5% cap rate and a net operating income (NOI) of $117,116, this portfolio presents a strong return on investment. The asking price is $2,600,000, or $433,333.33 per unit, and $154.76 per square foot. This versatile space is suitable for various commercial uses, ensuring long-term value and flexibility. The address is 6508 Wagon Trail E, Billings, MT 59106.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.68433710456
- Latitude
- 45.755151001436
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FAQs
What type of property is this?
Distribution property - 6-Unit Net Lease Investment, 4.5% Cap Rate
Where is this distribution property located?
The property is located at 6508 Wagon Trl Billings, MT.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: High-visibility Billings commercial properties in a thriving area with excellent accessibility.; 4.5% cap rate offering a strong ROI for investors.;