2625 10th S Ave Great Falls, MT 59405-3238
Property profile & analytics
2625 10th S Ave Great Falls, MT 59405-3238
- Drive through restaurants
- 4,539 SF
- 1.47 lot acres
Property ID
US52-0075089
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hardee's / Restaurant / Take-out & Catering
Property Details for 2625 10th S Ave
- Year built
- 1990
- Construction
- WOOD
- Lot size
- 1.47 lot acres
- Property size
- 4,539 SF
- Property type
- Drive through restaurants
- APN
- 02-3016-08-3-01-02-0000
- APU
- 2301608301020000
Description
This exceptional investment opportunity presents a fee-simple ownership of a Hardee's/Carl's Jr. quick-service restaurant in Great Falls, Montana. The property, located at 2625 10th Ave S, boasts a 4,539 square foot building on a 1.451-acre lot, built in 1990 and recently renovated. The property benefits from a highly visible location with excellent traffic counts averaging 30,377 vehicles daily, situated near major roadways, the Great Falls Medical and University corridors, and the new Great Falls Aquatic Center. The tenant, Hardee's/Carl's Jr., operates under a 20-year net lease agreement commencing August 5, 2021, and expiring August 4, 2041, with four 5-year renewal options. The lease includes a 10% rent increase every five years, ensuring consistent income growth. The property is zoned C-2 General Commercial and offers ample parking (81 spaces per 1,000 sq ft). This single-tenant, Class B building offers a 5.50% cap rate and a current asking price of $2,725,000 ($600.35/sq ft). The property's strong tenant, prime location, and long-term lease make it an attractive investment with significant potential for return. The property features a drive-thru and excellent ingress/egress. This is a 100% occupied, single-unit property with a proven track record. The APN is 0000404910.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Great Falls
- County
- Cascade
- State
- Montana
- Longitude
- -111.261
- Latitude
- 47.4947
- CBSA code
- 24500
- CBSA name
- GREAT FALLS, MT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,942
$0.00
$0.00
$2,069,100
-
$1,320,850
$748,250
$2,069,100
