Hwy 55 Burgers, Shakes & Fries | Butte, MT 3528 Harrison Ave

3528 Harrison Ave , Butte, Montana, 59701 | 3,400 sq.f | $ 2,655,541

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About This Restaurant

Investment Highlights

Executive Summary

Absolute NNN Lease -Long-term absolute NNN lease with zero landlord responsibilities. Investors will appreciate the rent bumps, over 17 years of term remaining, and two 10-year options.New Retail Development in the Area -Large-scale retail development is underway located in close proximity to Hwy 55. The complex will feature new restaurants and 11 national tenants to the area. The 17-acre site is expected to be a major economic boost for the region and is expected to be complete mid-to-late 2025.Brand New Location -The property was built in 2023 and opened in February 2024. The location has a 1.5-acre lot and features a drive-thru, ample parking, and great signage.Prime Retail Location -The property is located on a major throughway where it receives excellent visibility (22K+ VPD) and accessibility. Located in close proximity to several retailers including Walmart, Petco, Aaron's, Mattress Firm, Dollar Tree and many others.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Freestanding Restaurant
  • Building Size    3,400
  • Year Built    2023
  • Price    2,655,541
  • Price Per SF    781
  • Cap Rate    6.75
  • NOI    179,249
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.05
  • Land Acres    1.53 AC

Amenities

  • Signage
  • Drive Thru

Property Taxes

Parcel Number 01-1198-32-2-06-02-0000 Improvements Assessment $0
Land Assessment $0 Total Assessment $426,172
Date Created: 2024-07-16 04:16:22 Last Updated: 2024-07-16 04:16:22
Address: 3528 Harrison Ave , Butte, Montana, 59701