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    OFF-MARKET
    Retail properties & Spaces

    2625 St Johns Ave, Billings, MT 59102

    5,209 SF Built 1998
    Property ID
    Property summary
    AI-generated overview

    Exceptional opportunity to lease a 2,143 square foot medical or dental office space in a desirable West Billings location, situated near the Clinic Urgent Care West End. This single-tenant space, part of a larger 5,209 square foot building, offers a rare west end opportunity. The property boasts ample parking with 12 spaces available for tenants and visitors. The interior features a spacious reception area, a sizable storage room, a copy room, three treatment rooms, and a treatment suite comprised of two connected rooms. Additional amenities include an ADA-compliant restroom, a lab room, a break room, a private office with a half-bath, and an equipment room equipped to accommodate dental air compressors, water pumps, and a central vacuum system. The building, constructed in 1998 and renovated in 2008, is a single-story Class B structure situated on a 21,000 square foot lot. Negotiable remodeling and finish changes are possible with a long-term lease. A 920 square foot basement space with a bathroom/shower and separate entrances is also available at a reduced lease rate, offering a potential total leasable area of 3,063 square feet. The base rent is $16.75 per square foot, plus $4.25 in NNN charges, resulting in an approximate monthly rent of $3750. This quiet yet conveniently located property presents a unique chance to establish or expand a medical or dental practice in a highly sought-after area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1998
    Total area 5,209 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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