For Sale
$3,130,000

1100 South AveMissoula, MT 59801

10,276 SF Office, 7% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
114
This 10,276 square foot, single-story Class B office building in Missoula, Montana, is available for sale at $3,130,000 ($304.59/SF). Located at 1100 South Ave W, this property boasts a 7.00% cap rate and is currently 100% occupied under a Net Lease with a credit-rated tenant. The lease, commencing April 17, 2017, and expiring March 31, 2027, includes one five-year renewal option. Built in 1966 and extensively renovated in 2021, the building features 13 parking spaces and a modern design with ample natural light. Recent improvements include new carpeting, an updated HVAC system, and two secure vaults with zone-controlled HVAC. The property is zoned C1-1 TIF District and offers a versatile layout suitable for various office uses, including medical and traditional office spaces. This owner-occupied opportunity presents a strong investment with a central location across from the Butterfly House and county fairgrounds.

Highlights

  • Recently renovated.
  • High-capacity HVAC system.
  • Prime location.
  • Ample surface parking.

Property Details for 1100 South Ave

Property type
Office properties, Medical offices
Square Feet
10,276 SF
Class
B
Year Built/Renovated
1966/2021
Buildings
1
Stories
1

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.8491524
Longitude
-114.0151924
1100 South Ave, Missoula, Montana

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1100 South Ave
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