1330 Cedar Street
$1,900,000
1330 Cedar Street Helena, MT 59601
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About this listing
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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Building Size
2,400 sqft
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Lot Area
20,909 sqft
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Year Built
1992
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MLS ID
30074370
Details
- • Annual Tax: $ 10605.0
- • Lot Size: Under 1/2 Acre
- • Age: 31-40 Years Old
- • Sewer: City
- • Water: City Water
