For Sale
$2,100,000

2282 Us 93Kalispell, MT 59901

High-return, fully leased office complex.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 12,740 square foot Class A commercial building situated on a 1.78-acre lot at 2282 US 93 S in Kalispell, Montana. The property, built in 1984 and boasting a single-story design, is currently 100% occupied under a net lease agreement with a lease commencement date of October 1, 2022, and expiration on September 30, 2025. The lease includes rent bumps. The building features 32 offices, multiple meeting rooms, lobbies, and kitchens, providing ample space for various business needs. Ample parking is available on-site. The property's B-2 zoning allows for diverse business applications. A significant advantage is the presence of a vacant area behind the building, offering potential for expansion, additional parking, or the construction of another structure. The asking price is $2,100,000, representing an attractive 8.50% cap rate. This mixed-use property, categorized as creative, medical, and traditional office space, presents a compelling investment opportunity due to its strong occupancy, desirable location with highway frontage, and significant expansion potential. The property consists of one building with one unit. This is a 1031 exchange eligible property.

Property Details for 2282 Us 93

Property type
Office properties, Medical offices
Square Feet
12,740 SF
Class
A
Year Built
1984
Buildings
1
Stories
1
Lot Size (sq. ft)
77,537 SF
Units
1

Location Insight

City
Kalispell
County
Flathead
State
Montana
Latitude
48.1759007
Longitude
-114.299985
2282 Us 93, Kalispell, Montana

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2282 Us 93
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