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2834 King Ave W
Billings, MT 59102

Price Upon Request

Fast Food For Sale  •  3,400 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,400 SF
  • Lot Size 0.85 AC
  • Building Class B
  • Year Built 1997
  • Tenancy Single
  • Zoning CMU2
0 Transit Score
53 Walk Score

Highlights

Single-tenant investment opportunity at 5.38% cap rate with NOI of $190,929
The tenant is the third largest franchisee in the Arby’s system with 87 restaurants in 2023
Absolute NNN lease with no expenses to the landlord
Single national tenant at 20-year initial term with 4 options to renew and 10% escalations every 5 years
Situated in one of the largest retail destinations in U.S. on the major retail corridor next to Home Depot, Best Buy, World Market, and others
The property has easy access to I-90 with great visibility and high traffic counts (27,534 DTV at King Ave and 24th St.)

Public Transportation

AirportDriveWalkDistance
Billings Logan International 24 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes