800 Idaho St Dillon, MT 59725
- Retail properties
- 3,384 SF
- 14.70 lot acres
Current Use by Public Records
- Retail properties
Property Details for 800 Idaho St
- Year built
- 1987
- Lot size
- 14.70 lot acres
- Property size
- 3,384 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 800 N Idaho St, Dillon, MT 59725. The property boasts a substantial 3,384 square foot building situated on a generous 1.47-acre lot. Built in 1987 and renovated in 2000, this well-maintained property benefits from a strong location adjacent to a Safeway grocery store and enjoys convenient access to the I-15 on/off ramp, ensuring high visibility and accessibility. The property features a drive-thru, enhancing operational efficiency and customer convenience. The current lease with Pizza Hut has a remaining term of 14.7 years, providing long-term stability and predictable cash flow. The lease includes annual rent bumps of 1.50%, offering built-in protection against inflation. The property's current Net Operating Income (NOI) is $70,815, resulting in an attractive 6.50% capitalization rate. The asking price is $1,089,000, translating to a price per square foot of $321.81. This is a rare opportunity to acquire a well-positioned, high-performing QSR property in a desirable Montana market with significant upside potential. The property is 100% occupied and offers a secure, passive income stream for investors seeking a stable, long-term investment. The single-story building is part of a thriving commercial area.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dillon
- County
- Beaverhead
- State
- Montana
- Longitude
- -112.631
- Latitude
- 45.223
