1330 Cedar Street$1,900,000
Helena, MT
2400.00 SF, 0.48 ACRE
$1,900,000
Property Details
BIG PICTURE
Commercial
2400.00
FT2
0.48
ACRE
Description
Single-tenant net-lease investment for sale in Montana's capital. 6.25% cap rate. Helena offers rare stability because approximately 30% of the area workforce is public-sector, anchored by state government, which puts a recession-resistant floor under local spending. The trade area also outearns the state, with median household income of $82,845 versus Montana's $72,702. The property is leased to a Jiffy Lube franchisee running seven service centers and named Jiffy Lube Franchisee of the Year in 2019. As a brand, Jiffy Lube runs 2,000+ centers across North America. The site sits on the Cedar Street corridor just off I-15, with high-visibility frontage and easy access. Overall, this investment offers a passive income stream in one of Montana's most stable markets.PRICE
$1,900,000
FEATURES
- MLS #: 30074370
- Lot: 20,908.80 sqft
- Commercial
- Built in 1992
- Price/sqft: $791.67
Listing information is Copyright 2022 Montana Regional MLS. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified.