2,000 - 6,000 SF Build to Suit - New Construction Retail

706 S Billings Blvd Billings, MT 59101

706 S Billings Blvd, Billings, MT, 59101
706 S Billings Blvd, Billings, MT, 59101 706 S Billings Blvd, Billings, MT, 59101 706 S Billings Blvd, Billings, MT, 59101 706 S Billings Blvd, Billings, MT, 59101
FOR LEASE
Property Type:
Mixed Use
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Mar 08, 2023

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*706 S Billings Blvd, Billings, MT *Build to Suit - New Construction Retail with Drive Through *$55-$75 PSF NNN (estimated) *2,000-6,000 SF of Retail Building Available *Single Tenant or Multi-Tenant *0.9 Acre Lot *Zoned CMU1 *Large Pylon Sign & Visibility from King Ave E *Located at Main Entrance of the Proposed $100 Million South Billings Recreation Center *Neighboring businesses include McDonalds, Wendy’s, Dominos, City Brew, Dairy Queen, Popeyes, Taco Bell, Taco Johns, Subway, Holiday, Cabela’s and Sam’s Club. 706 S Billings Blvd is an ideal retail site for national retail tenants looking for a prime location just off of I-90 while also serving the high traffic flow going into the proposed $100 million Billings Recreation Center. 706 S Billings Blvd is located right at the main entrance to the Billings Recreation Center. This property enjoys superior access being located on a corner and also via a turn lane for north bound traffic to easily get into the site. This property already enjoys a 6” water line and city sewer brought into the property. Owner is happy to have his architect/engineer put together exploratory site plans for qualified tenants. Billings Recreation Center: The Billings Recreation Center is a 177,000 SF state-of-the-art facility that would include an ice sheet for hockey and skating, a leisure and activity pool for families, a 50-meter competition pool, four sports courts, open fitness and activity areas and an indoor running track. Total proposed cost of this facility is approximately $100 million and would. The City of Billings has already acquired the land for this project and is going through the funding & design stages of the project currently.

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Map of 706 S Billings Blvd, Billings, MT, 59101

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.