Description
This is a rare opportunity to acquire a highly profitable and fully leased strip mall in the heart of downtown Belgrade. Boasting a sought-after location, excellent tenant occupancy, high traffic counts and below-market rates, this investment offers an attractive cap rate of 8.2% and incredible potential for future growth. The property has never been on the market before and is situated on leased land, providing an ideal prospect for savvy investors seeking a stable income stream and long-term appreciation. Digital sign is currently being under utilized, adding another income source. 4 separate buildings with 11 stable and successful tenants. Have a lender in place to help underwrite this income producing property for you.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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29,590SQFT
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$135$/SQFT
School Ratings & Info
Description
This is a rare opportunity to acquire a highly profitable and fully leased strip mall in the heart of downtown Belgrade. Boasting a sought-after location, excellent tenant occupancy, high traffic counts and below-market rates, this investment offers an attractive cap rate of 8.2% and incredible potential for future growth. The property has never been on the market before and is situated on leased land, providing an ideal prospect for savvy investors seeking a stable income stream and long-term appreciation. Digital sign is currently being under utilized, adding another income source. 4 separate buildings with 11 stable and successful tenants. Have a lender in place to help underwrite this income producing property for you.
© 2023 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gallatin Realty Group. Data last updated: 2023-09-23T15:52:08.977.