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Billings, MT NNN Properties for Sale

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Laurel, MT Stevensville, MT Huntley, MT Shepherd, MT Acton, MT Joliet, MT Worden, MT Park City, MT
Multi-Tenant Warehouse Investment
Updated: Sep 26
Multi-Tenant Warehouse Investment

1270 Lockwood Rd, Billings, MT 59101

$1,298,000
12,000 sqft 0.99 AC lot
12,000 SF across two buildings
Fully leased to 6 separate tenants
NNN leases
0.99‑acre lot
Built in 1999
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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
Freestanding Starbucks with Drive-Thru

425 Henry Chapple Street, Billings, MT 59102

$3,600,000
2,448 sqft

New Starbucks with a drive-thru on a 10-year lease.

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See hot listings in Billings

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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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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.

Two-Tenant NNN Commercial Building
Two-Tenant NNN Commercial Building

101 N Rouse Avenue, Bozeman, MT 59715

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

Two separately metered spaces are occupied under triple-net leases, with the businesses excluded from the sale.

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Two-Tenant NNN Commercial Property
Two-Tenant NNN Commercial Property

101 N Rouse Ave, Bozeman, MT 59715

$2,299,000
3,700 sqft

Two separately metered spaces are leased under triple-net terms, with the tenants responsible for taxes, utilities, and common-area expenses.

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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.

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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.

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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 80,866 square feet of properties for sale, with an estimated market value of $8,398,000.

Sale prices for triple net lease properties in Billings, MT start at $1,298,000, averaging $2,799,333, 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
59101 $1.3M
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)

Property Size Breakdown

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

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