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    Billings, MT
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    Billings, MT NNN Properties for Sale

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    NNN Retail Property
    Updated: Aug 28
    NNN Retail Property

    739 S 20th St W, Billings, MT 59102

    $3,500,000
    44,266 sqft 2.91 AC lot
    44,266 SF retail building on 2.91 acres
    Sale‑leaseback with Conlin's Furniture, an 88‑year‑old regional retail brand
    NNN lease terms to be negotiated prior to closing
    6.17% cap rate
    Corporate headquarters location for the tenant
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    Freestanding Starbucks with Drive-Thru
    Updated: Nov 25, 2025
    Freestanding Starbucks with Drive-Thru

    425 Henry Chapple Street, Billings, MT 59102

    $3,600,000
    2,448 sqft
    Long‑term (10‑year) triple net lease with Starbucks Corporation (SBUX), a financially strong global brand.
    Desirable drive‑thru location generates approximately 50% more revenue than non‑drive‑thru locations.
    Attractive 10% rental increases every five years, providing a hedge against inflation and growing income stream.
    Located near Shiloh Crossing, the top‑performing shopping center in Montana, attracting 5.4 million annual visits.
    High‑visibility location with strong traffic counts on Shiloh Road and proximity to Interstate 90.
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    Mixed-Use Retail Property with NNN Leases
    Mixed-Use Retail Property with NNN Leases

    2344 Grand Avenue, Billings, MT 59102

    Contact for pricing
    12,732 sqft

    Retail-oriented commercial property with renewed NNN leases, CPI adjustments, and recent exterior and parking improvements.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    NNN Property with Fenced Yards
    NNN Property with Fenced Yards

    5816 KENNISON PL, Billings, MT 59101

    Contact for pricing
    15,417 sqft 2.40 AC lot

    Separate buildings, access drives, and fenced yard areas accommodate distinct tenant operations with limited shared infrastructure.

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    Triple-Net Industrial Investment Property
    Triple-Net Industrial Investment Property

    1627 Dickie Rd, Billings, MT 59101

    Contact for pricing
    9,420 sqft 1.51 AC lot

    Industrial facility with a newly executed long-term NNN lease and supplemental mobile home pad infrastructure.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Billings, MT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic NNN Commercial Building
    Historic NNN Commercial Building

    101 N Rouse Avenue, Bozeman, MT 59715

    $2,299,000
    3,700 sqft 0.08 AC lot

    Remodeled brick building with leased taproom and separate office-retail space under true Triple Net leases.

    View details
    Historic Taproom Building with Triple Net
    Historic Taproom Building with Triple Net

    101 N Rouse Avenue, Bozeman, MT 59715

    $2,299,000
    3,700 sqft

    Two leased spaces are offered under true triple net terms, anchored by a remodeled taproom bar.

    View details
    Multi-Building Auto Shop Portfolio
    Multi-Building Auto Shop Portfolio

    534 Blackburn St, Cody, WY 82414

    $4,160,000
    1 sqft

    Automotive facilities include repair bays, a paint booth, alignment equipment, and separate retail areas under NNN lease arrangements.

    View details
    Single-Tenant NNN Property
    Single-Tenant NNN Property

    1057 Sheridan Ave, Cody, WY 82414

    $1,950,000
    0.32 AC lot

    Fully leased commercial asset with a restaurant, brewery, and sports bar operation in downtown Cody.

    View details

    Billings, MT Nnn Properties Market Trends and Statistics

    Explore 5 nnn properties for sale in Billings, MT, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 84,283 square feet of properties for sale, with an estimated market value of $7,100,000.

    Sale prices for triple net lease properties in Billings, MT start at $3,500,000, averaging $3,550,000, and reaching up to $3,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 145K
    Population Growth (5Y) +7.5%
    Median Household Income $76,702
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

    Identify Billings submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    59102 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $15.06 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Yellowstone County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Yellowstone County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Billings fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Billings, MT

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    • 59102
    • 59106

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