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PREMIUM CLASS A OFFICE PROPERTY FOR SALE – 1241 North Transtech Way

$2,544,000

1241 North Transtech Way

office

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 7.5% Cap Rate on current base rent.
  • ·       2023 annual real estate taxes $26,607.02.
  • ·       Zoned CX – Heavy Commercial
  • ·       $2,544,000 buys this westend property in a sanctuary setting

Address

  • Address: 1241 North Transtech Way
  • City Area: Billings
  • Zip: 59102
  • State: MT

Details

  • Building Size: 8113 Sq Ft available space
  • Year Built: 2015
  • Price: $ 2544000
  • Property Size: 50648 Sq Ft
  • Zoning: 1
  • Floors: 1

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