Price Reduced ListingDon't miss this opportunity to acquire a stable, income-producing commercial investment at 4545 Majestic Drive, Missoula, MT. This professionally maintained commercial condominium is 100% leased to an established long-term tenant under a Triple Net (NNN) lease through December 2031, providing dependable cash flow with minimal landlord responsibilities. The lease includes annual rent escalations, offering built-in income growth throughout the remaining lease term. With the tenant responsible for taxes, insurance, and maintenance, this property delivers the low-management ownership experience investors seek. As part of a condominium association, the property benefits from quality exterior maintenance and common area management, allowing for a truly passive investment. The combination of a long-term lease, annual rent increases, and a strong tenant makes this an exceptional opportunity for investors seeking stability and predictable returns. Offered at $1,500,000, this property is well suited for investors looking to expand their commercial portfolio or complete a 1031 exchange. Secure an established, fully leased asset with long-term income potential in one of Western Montana's strongest commercial markets.
| MLS # | 30074811 |
|---|---|
| Listing Type | For Sale |
| Style | Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 2002 |
| Days On Site | 81 |
| Listing Provided By | Engel & Völkers Western Frontier - Missoula | Courtney Tyler |
| SQ Feet | 9,348 |
|---|---|
| Zoning | None |
| Acreage | 0.46 |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 17929.29 |
|---|
| State | MT |
|---|---|
| County | Missoula |
| City | Missoula |
| Zip Code | 59808 |
| Listing VS Median (in 59808) | |
Price: $1,275,000 low | high Med: $594,900 sqft: 9,348 low | high Med: 1,404 $ / sqft: $136 low | high Med: $424 On site: 81 low | high Med: 48 | |
| State | MT |
|---|---|
| County | Missoula |
| City | Missoula |
| Zip Code | 59808 |
| Listing VS Median (in 59808) | |
Price: $1,275,000 low | high Med: $594,900 sqft: 9,348 low | high Med: 1,404 $ / sqft: $136 low | high Med: $424 On site: 81 low | high Med: 48 | |