FOR SALE – EVERGREEN MIDTOWN PLAZA – 1313 GRAND AVENUE
$7,485,000
Evergreen Midtown Plaza, 1313 Grand Avenue, Billings, MT
commercial-investment
RETAIL SHOPPING CENTER FOR SALE
ADDRESS: 1313 Grand Avenue, Billings, Montana SUBJECT: Units A, B, and C of Evergreen Midtown Plaza together with an undivided interest in the General Common Elements as defined and identified in the Declaration of Unit Ownership for Evergreen Midtown Plaza BUILDING: Approximately 32,000 sq. ft. in 3 separate buildings, including 12 units in the larger in-line center and Aaron’s Rent To Own pad site and Dotty’s pad site. Total of 14 units. Construction in 1999 and 2002. NET OPERATING INCOME: Approximately $561,400 (2025) with great escalators in pad site leases. CAP RATE: Yields a 7.5% Cap Rate at 100% occupancy SALES PRICE: $7,485,000.00 Cash or New FinanceAddress
- Address: Evergreen Midtown Plaza
- City Area: Billings
- Zip: 59102
- State: Montana
Details
- Building Size: 32000 Sq Ft available space
- Year Built: 1999 & 2002
- Price: $ 7485000.00
- Zoning: 1