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    OFF-MARKET
    Specialty properties

    2831 Airport Rd, Helena, MT 59601

    5,000 SF 10 ac lot Built 1991
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Specialty properties
    Year built 1991
    Total area 5,000 SF
    Lot 10 ac (435,600 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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