750 Southgate Dr Billings, MT 59101-4643

This exceptional investment opportunity presents a fee-simple ownership of a Class A, 2,768 square foot retail property located at 750 Southgate Drive in Billings, Montana. The property boasts a 10-year corporate-guaranteed lease with Starbucks, the world's leading coffeehouse chain, ensuring consistent rental income and minimal landlord responsibilities. The lease is a triple-net (NNN) agreement, meaning the tenant covers all common area maintenance (CAM), property taxes, and insurance. The property sits on a substantial 34,051 square foot lot in a high-traffic area of Billings, benefiting from excellent visibility and convenient access off South Billings Boulevard and Interstate access. The location is surrounded by complementary retailers, Amend Park, and is close to both downtown Billings and other south Billings amenities. Billings, Montana's largest city, is experiencing significant growth, making this a particularly attractive investment. The property's 100% occupancy and 5.25% cap rate, coupled with the strength of the Starbucks tenant and the robust Billings market, present a compelling value-add investment opportunity with an asking price of $2,761,905. This is an ideal investment for a passive investor seeking strong returns in a thriving Montana market.