1330 Cedar Street, Helena, MT 59601

$1,900,000

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List Price
$1,900,000
Status
ACTIVE
MLS#
30074370
Year Built
1992
Acres
0.48

Property Description

Single-tenant net-lease investment for sale in Montana's capital. 6.25% cap with ~11.5 years of term remaining. 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 nine 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.

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Listing courtesy of Listing Agent: Tyler D Warne | tyler@cbcmt.com from Listing Office: Coldwell Banker Commercial Green & Green.

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.