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$ 640,000
Est. payment /mo
Active
3760 Mullan RD #A Missoula, MT 59808
1,543 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,543 sqft
Price per Sqft $414
MLS Listing ID 400257
Year Built 2023
Annual Tax Amount $6,136
Tax Year 2023
Lot Size 1.670 Acres
Acres 1.67
Property Sub-Type Condominium
Property Description
**Mullan Crossing** Suite A - Income Property Take advantage of the great monthly income this property provides with a 10 year NNN lease in place. Monthly income is $3471.75 per month with yearly rent escalators. Suite A is 1,879 sqft, leased and a for sale office condominium space for on the 1st floor of Building #2. Located north of Mullan Rd and west of Reserved St just off Clark Fork Ln. New construction to be completed this summer 2023. Includes private entrance and plenty of parking. Consider this a blank canvas as you may design your space as you want it and we will deliver it turn key.
Advantages of owning NNN leased properties: * Landlords receive a consistent income stream because tenants are responsible for property taxes, insurance, and maintenance costs, reducing the landlord's financial burden. *Landlords don't have to worry about day-to-day property management, maintenance, or unexpected expenses, which can be passed on to the tenant. *NNN leases often involve long-term agreements, which can lead to stable and reliable income for an extended period. *NNN leases are seen as lower-risk investments, as the tenant takes on more of the property's financial obligations. Attracts High-Quality Tenants: *NNN leases are often attractive to creditworthy tenants, reducing the risk of default. Easier to Manage: *Landlords can focus on other aspects of their business, as the tenant handles most of the property management and maintenance. Property Highlights: This exquisite 1879sqft office condominium at Mullan Crossing. Located on the 1st floor of Building #2. Positioned north of Mullan Rd and west of Reserved St, just off Clark Fork Ln, Mullan Crossing offers unbeatable accessibility in a thriving commercial district. Completed in summer 2023, this new construction boasts modern amenities, energy efficiency, and a professional atmosphere.
Advantages of owning NNN leased properties: * Landlords receive a consistent income stream because tenants are responsible for property taxes, insurance, and maintenance costs, reducing the landlord's financial burden. *Landlords don't have to worry about day-to-day property management, maintenance, or unexpected expenses, which can be passed on to the tenant. *NNN leases often involve long-term agreements, which can lead to stable and reliable income for an extended period. *NNN leases are seen as lower-risk investments, as the tenant takes on more of the property's financial obligations. Attracts High-Quality Tenants: *NNN leases are often attractive to creditworthy tenants, reducing the risk of default. Easier to Manage: *Landlords can focus on other aspects of their business, as the tenant handles most of the property management and maintenance. Property Highlights: This exquisite 1879sqft office condominium at Mullan Crossing. Located on the 1st floor of Building #2. Positioned north of Mullan Rd and west of Reserved St, just off Clark Fork Ln, Mullan Crossing offers unbeatable accessibility in a thriving commercial district. Completed in summer 2023, this new construction boasts modern amenities, energy efficiency, and a professional atmosphere.
Location
State MT
County Missoula
Area Other Counties/State
Zoning C1-3
Direction Across Mullan Rd from Super Walmart, North Reserve
Interior
Fireplace No
Others
Tax ID 0423257111
Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing
Listing Terms Cash, 1031 Exchange, 3rd Party Financing
Special Listing Condition None
Listed by Eagen Real Estate