PREMIUM CLASS A OFFICE PROPERTY FOR SALE – 1241 North Transtech Way
1241 North Transtech Way
Fantastic Investment Opportunity!
Built in 2015, this modern office space provides a fantastic investment opportunity with great cash flow. Located in the highly desirable Transtech Center, this gorgeous, one-of-a-kind space checks all the boxes.
- · 8,113 sq. ft. on 2 levels of Class A professional office space
- · Located just west of King Avenue West and north of Gable Road
- · Great parking and access for clients & abundant employee parking
- · Single Tenant Triple Net Property.
- · Leased at $15,900 per month base rent plus all triple net expenses.
- · Initial lease term ends September 30, 2027, with 3 additional 5 year renewal terms.
- · The property yields a 6.5% Cap Rate on current base rent.
- · 2022 annual real estate taxes $27,639.19
- · Zoned CX – Heavy Commercial
- · $2,935,000 buys this westend property in a sanctuary setting
- Address: 1241 North Transtech Way
- City Area: Billings
- Zip: 59102
- State: MT
- Building Size: 8113 Sq Ft available space
- Year Built: 2015
- Price: $ 2825000
- Property Size: 50648 Sq Ft
- Zoning: 1
- Floors: 1