New 10-yr term with Starbucks Corporation
As the largest, most renown coffee company in the world, Starbucks has proven to be a top-tier Tenant. With their long-term lease, heavily invested remodel, and growing interest in Billings, this location fills a consumer need for the internationally recognized brand.
Fee Simple Ownership
Tenant pays CAM, property taxes, and insurance. Minimal landlord responsibilities. This investment is ideal for a passive investor.
Growing Area of Billings, MT
The property is situated off the South Billings Blvd interstate access. Nearby retailers, Amend park, access to south Billings, and proximity to downtown Billings make this area of town attractive. With heavy commuter traffic morning, midday and night, this growing sector has brought new development, residential growth, hoteliers, and restaurants to meet the increased demand.
Billings Trade Area
As the largest city in Montana, Billings is the thriving county seat of Yellowstone County with a population of over 115,000 residents. Located in southeast Montana, this city is known for its business-friendly environment, reasonable cost of living, and job opportunities, making it a welcoming place for both in-state and out-of-state residents. In 2021, The Wall Street Journal identified Billings as one of the hottest real estate markets in the country, and the city continued to experience rapid growth through 2022.
