3201 Harrison Ave, Butte, MT 59701-3541
This exceptional investment opportunity presents a fully occupied, 5,807 square foot retail center in Butte, Montana. The property boasts three tenants: Spectrum, Sally Beauty, and GameStop, all operating under strong corporate-guaranteed NNN leases, minimizing operating expense risk. The center, built in 2008 and extensively renovated in 2021 (over $100,000 in improvements including a new roof, exterior paint, new fence, and parking lot lights), offers a desirable drive-thru lane with potential for future development. The asking price is $1,668,000, representing a 6.25% cap rate and a $287.24 price per square foot. The property sits on a 0.73-acre lot at 3201 Harrison Ave, enjoying a prime location near Highway 15/90 and across from Butte Plaza Mall, shadow-anchored by major retailers. GameStop recently extended its lease for two years with an additional option. Attractive seller financing is available at a 4% interest rate. The area demonstrates strong demographic growth, with a 5.5% population increase within a 3-mile radius since 2010 and projected 2% growth over the next five years. This is a rare opportunity to acquire a stable, high-performing retail investment with significant upside potential.
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Spectrum Store Telecommunications Service Data Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Butte, MTButte. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.