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550 S 24th St W, Billings, MT 59102

Office space available, 8,000-15,000 SF, utilities included.

Property Size15,000 SF
Days on Market1323

Property Features for 550 S 24th St W

General Information

Standard status Active
Size 15,000 SF
Property subtype Office

Building Details

Year Built 1982
Listing Agency: Rob Veltkamp Brokerage
Listed By: Rob Veltkamp · License #MT 4131
Source: Crexi
Added: Dec 17, 2022 Changed: Jul 6 Last Checked: Jul 31 at 5:37AM

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 Rob Veltkamp Brokerage

Investment Insights

Based on property information with market context.

Office space is available for rent, offering between 8,000 and 15,000 square feet. The rental rate is $16 per square foot, which includes utilities. Tenants are responsible for covering internet and janitorial services.

Key Highlights

  • Office space available ranging from 8,000 to 15,000 SF.
  • $16 PSF includes utilities.
  • Year Built: 1982.

Property Analytics

Current Use

WWC Engineering Engineering Consultant Maverick Cattle Co ... Ranch eXp Realty Montana Real Estate Agency ROI CX Solutions Telecommunications Service Forrester Group Real ... Real Estate Agency

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Florist Barber Shop Nursing Home

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

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

955
Businesses Nearby

Demographics for 59102, MT

48,133
Population
22,706
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,209
Density / Sq Mi
$75,140
Median Household Income
$43,203
Median Earnings
$1,148
Median Rent
$307,400
Median Home Value

Market

Lease Benchmarks for Billings, MT

$27.52 /SF/Yr
Avg Asking Price
$3.68–$250 /SF/Yr
Price Range
4,849 SF
Avg Space Size

This space is priced 42% below the average of $27.52 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space available, 8,000-15,000 SF, utilities included.
Where is this office units located?
The property is located at 550 S 24th St W Billings, MT.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Office space available ranging from 8,000 to 15,000 SF.; $16 PSF includes utilities.; Year Built: 1982.
(406) 855-9089 Call to check price and availability
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