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    Billings, MT NNN Properties for Sale

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    10 properties
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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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    Flex Space with Crane Way
    Flex Space with Crane Way

    6513 Trade Center Ave, Billings, MT 59101

    Contact for pricing
    7.65 AC lot

    Fully fenced commercial site combines office, warehouse, drive-through bay access, and a crane way.

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    NNN Retail Property
    NNN Retail Property

    4011 Montana Sapphire Dr, Billings, MT 59106

    Contact for pricing

    Located across from Shiloh Crossing, home to Kohl’s, Ulta, Scheels, and additional local and national retailers.

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    Single-Tenant NNN Property
    Single-Tenant NNN Property

    7099 Niehenke Ave, Billings, MT 59101

    Contact for pricing

    The property supports either continued single-tenant leasing or owner occupancy within Harnish Trade Center Subdivision.

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    Pizza Hut NNN Property
    Pizza Hut NNN Property

    2636 Belknap Ave, Billings, MT 59101

    Contact for pricing

    Absolute net lease structure places landlord responsibilities with the tenant at this Billings commercial property.

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    Burger King NNN Restaurant
    Burger King NNN Restaurant

    1438 Grand Ave, Billings, MT 59102

    Contact for pricing

    Absolute NNN sale-leaseback Burger King restaurant offered on a 20-year term.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 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.

    Single-Tenant NNN Property
    Single-Tenant NNN Property

    1005 W Coulter Ave, Powell, WY 82435

    Contact for pricing
    28,500 sqft

    Absolute triple-net lease, established operator presence, and nearby healthcare, schools, and retail businesses define the offering.

    View details
    Pizza Hut NNN Property
    Pizza Hut NNN Property

    219 14th St W, Hardin, MT 59034

    Contact for pricing

    Absolute net lease structure places no landlord responsibilities on the property owner.

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    Pizza Hut NNN Property
    Pizza Hut NNN Property

    855 E Coulter Ave, Powell, WY 82435

    Contact for pricing

    Pizza Hut asset leased under a long-term absolute net structure with no landlord responsibilities.

    View details
    Pizza Hut NNN Property
    Pizza Hut NNN Property

    1426 N Crawford Ave, Hardin, MT 59034

    Contact for pricing

    Absolute net lease structure places no landlord responsibilities on the property owner.

    View details

    Billings, MT Nnn Properties Market Trends and Statistics

    Explore 10 nnn properties for sale in Billings, MT, showcased through 10 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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