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    OFF-MARKET
    Retail properties & Spaces

    2350 Vaquero Pkwy, Bozeman, MT 59718

    2,745 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a portfolio of five high-end commercial condos totaling 2,745 square feet, situated within two buildings at 2350 Vaquero Pkwy, Bozeman, MT 59718. Completed in 2024, these units boast modern finishes including high ceilings, large windows, concrete floors, private entrances, kitchenettes, and private bathrooms with showers. A unique feature is a mezzanine level in each unit offering additional storage space at no extra charge. Currently, three of the five units are occupied under net lease agreements (NNN), providing a stable income stream. The current occupancy rate is 60%, generating a net annual rent of $99,000, with potential to reach $103,000 at market rates. The seller is offering a one-year rent guarantee for the vacant units upon sale. The property is zoned B2 and is ideally located on the northwest side of Bozeman, offering convenient access to schools, local businesses, and parks. This investment is perfect for those seeking a diversified portfolio with strong rental potential and a desirable location. The asking price is $1,500,000, representing a compelling 6.57% capitalization rate. This property is suitable for a variety of uses, including small offices, service-based businesses, and specialty retail.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 2,745 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
    Current use
    Occupant on record · Public records
    • Wax Haus Spa & Massage Center Skin Care Clinic
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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