Property summary
This exceptional Class A executive office building, totaling 5,000 square feet, sits on a spacious 10-acre lot in Helena, Montana. Constructed in 1991 and extensively renovated in 2017, the property offers a single-tenant occupancy opportunity. The building is situated within a landscaped courtyard setting, enhancing its aesthetic appeal and providing a tranquil work environment. The lease terms include a base rent of $12 per square foot, plus $7.75 per square foot in NNN charges, encompassing real property taxes, building insurance, and common area maintenance (CAM) expenses such as garbage removal, janitorial services, and seasonal exterior maintenance. Utilities (gas, electric, water, and sewer) are the tenant's responsibility, billed directly by the service providers. A 2.75% annual rent escalator is in place. The lease term is flexible, ranging from three to five years. The property's location in the Helena submarket cluster of Lewis and Clark County, at 2831 Airport Road, zip code 59601, offers convenient access and visibility. No elevators are present in this single-building complex.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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