Walgreens Investment Property

1330 Grand Ave, Billings, MT 59102

Property Information

  • For Sale $5,060,000
  • Property Type Retail - Street Retail
  • Property Size 14,820 SF
  • Units 1
  • Lot Size 2.11 Acre
  • Building Class C
  • Year Built 2008
  • Date Updated Nov 4, 2026

Description

Southeast corner of Grand Avenue and 14th Street West in Billings.Tenant Early Termination Right: Walgreens may terminate the lease effective July 31, 2033, or on the final day of any subsequent month, provided it gives the landlord at least six months' prior notice, pursuant to Article 3(d) of the lease.

Highlights

  • CAP RATE: 10.02%
  • LEASE TYPE: NNN
  • NOI: $506,900.04
  • STATED LEASE EXPIRATION: JULY 31, 2083

Contacts

Location

Located at 1330 Grand Ave, Billings, MT 59102, this property is part of the East Central Billings neighborhood.

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