1210 Hwy 2Kalispell, MT 59901

Property Details for 1210 Hwy 2

Year built

1983

Lot size

0.80 AC

Property size (Sq ft)

3,007 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a fee-simple ownership of a high-performing Arby's restaurant located at 1210 U.S. Hwy 2 W in Kalispell, Montana. The property boasts 3,007 square feet on a 0.8-acre lot, situated in a vibrant retail corridor near Gateway, Westbrook Square, and Kalispell Center Malls. A new 20-year absolute NNN sale-leaseback agreement with AES Restaurants is in place, commencing with an annual base rent of $174,892 and featuring 10% rent escalations every five years throughout the initial term and four, five-year renewal options. The property's strong NOI of $174,892 yields a 5.50% cap rate, reflecting a compelling return on investment. Built in 1983, this single-story building benefits from a 100% occupancy rate and is zoned for commercial use. The property's prime location, coupled with the long-term lease and built-in rent increases, provides a stable and attractive investment prospect in a thriving Montana market. This is a rare opportunity to acquire a well-established, high-performing QSR property with significant upside potential. The property's location benefits from high traffic counts and proximity to US-93 Alt. Exit Ramp. AES Restaurants, a reputable franchisee operating 188 units, ensures a strong and reliable tenant.

Location Insight

City

Kalispell

County

Flathead

State

Montana

Latitude

48.1996

Longitude

-114.334

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