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2801 N Montana AveHelena, MT 59601
Arby's
Asset ClassRetail
Deal Size$2.38 M
Cap Rate: 5.5%Retail SF: 3,386Access Data Room
20 Year Absolute NNN Sale Leaseback | 2 Miles from State Capital | Primary Retail Corridor Location
overview of deal

Overview

BRAND NEW 20-YEAR ABSOLUTE TRIPLE-NET SALE LEASEBACK

• Zero Landlord Responsibilities

• 10% Rental Increases Every 5 Years, Four Five-Year Renewal Options

 

DIRECT VISIBILITY ALONG PRIMARY HELENA RETAIL CORRIDOR

• N Montana Ave sees 19,000 VPD

• Nearby National Retailers include: Costco, Target, Natural Grocers, Albertsons, WinCo Foods, Home Depot, Ross, Lowe’s, Harbor Freight Tools, and more

 

AFFLUENT DEMOGRAPHICS IN MONTANA’S CAPITAL, HELENA

• Within a 5-Mile radius of the subject property, 46,637 residents earn an AHHI of $92,96, 1Adjacent to Top Ranking Target within 50-Mile Radius (2nd/20 Locations)

 

STABLE SURROUNDING WORKFORCE

• 60% of the workforce is employed to government agencies, the county’s current unemployment rate of 2.8% is well below the national average.

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2801 N Montana AveHelena, MT 59601
Montana State Capital (2 Miles from Subject Property)
Helena Airport (2 Miles from Subject Property)

Sales Team

Drew IsaacSenior Managing Director Investments(303) 328-2048drew.isaac@marcusmillichap.com
Adam ChristoffersonBroker of RecordLic #: RRE-BRO-LIC-15748
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Listing provided by Revere CRE