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Property profile & analytics
OFF-MARKET
Drive through restaurants

2955 Prospect Ave Helena, MT 59601-9726

2,520 SF 0.56 ac lot Built 1982
Entity Owned 1-yr Hold Free & Clear
Property ID
US52-0506385
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 2955 Prospect Ave, Helena, Montana, 59601. The property boasts a prime location on a signalized hard corner intersection, offering high visibility and accessibility. Its strategic proximity to Interstate access, a Walmart Supercenter, and a hospital ensures consistent high traffic volume and customer base. The 2,588 square foot building, constructed in 1995, sits on a 0.56-acre lot and is currently 100% occupied under a lease with 14.7 years remaining. The lease features attractive 1.50% annual rent bumps, providing consistent rental income growth. The current asking price is $1,246,000, representing a price per square foot of $481.45 and a strong 6.75% cap rate based on a Net Operating Income (NOI) of $84,129. This is a rare opportunity to acquire a well-performing, low-maintenance, and highly desirable net lease property in a strong Montana market. The property's strong tenant, prime location, and long-term lease make it an ideal addition to any investment portfolio. The single-story building offers a straightforward and easily managed investment.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1982
Construction WOOD
Total area 2,520 SF
Lot 0.56 ac (24,263 SF)
APN 05-1888-28-4-10-01-0000
UPID US52-0506385
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
  • Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gmrg Acq 1 LLC · 1 yrs held
Gmrg Acq 1 LLC
since 2024
2 recorded transactions
2024
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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