819 S Higgins Missoula, MT 59801

Prime Retail Investment Opportunity on Missoula's Hip Strip. $128,500 NOI - 7.8% Cap Rate. This 8,400-square-foot retail building is 100% NNN leased, featuring an exceptional tenant mix and a highly desirable location on South Higgins Ave/US Highway 12. Boasting a daily traffic count of 19,500, this property is just blocks from the University of Montana campus, Downtown Missoula and residential properties, making it a prime location for consistent visibility and foot traffic. Recent capital improvements enhance the property's value, including: • Brand-new roof • Commercial-grade garage door • Awning replacements • BTU heater installation • Paved and striped parking lot with security-grade LED lighting.
Additionally, the building includes over 8,000 square feet of unfinished mezzanine attic space with usable ceiling height, providing significant potential for expansion or storage. This property offers a solid investment opportunity in a thriving commercial corridor.