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Government

United States Post Office

77 1st St SW, Dutton, MT 59433

Listing Price: $440,000

Cap Rate
6.16%
Tenant Name
United States Postal Service
Years Remaining On Lease
6.4
Guarantor
United States Government
Rentable SF
2,363
Lease Type
Double Net
Rent Per Square Feet
$12.41

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the United States Post Office in Dutton, Montana. The property consists of a 2,363-square foot building on a 0.64-acre lot. The single-tenant building is occupied solely by the United States Postal Service (USPS). The Post Office is open for retail business Monday through Friday from 9:00 AM to 1:00 PM. In addition to the monthly rental payment for the property, the USPS pays all recurring utility bills and reimburses the landlord for paid real estate taxes. The landlord is responsible for the cost of insurance. Landlord and tenant repair and maintenance responsibilities are outlined in the Maintenance Rider portion of the lease. Dutton is located in central Montana approximately 34 miles northwest of Great Falls.

Investment Highlights

  • Single-Tenant Building With Long-Term U.S. Postal Service Tenancy
  • Recently Exercised Renewal Option Extending Lease to August 2029
  • USPS Partial Maintenance Rider, Tax Reimbursement Rider, No Termination Clause

Exclusively Listed By

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    (801) 736-2600

    License(s) MT: RRE-BRO-LIC-15748

    Montana

Government

United States Post Office

Listing Price: $440,000

Cap Rate
6.16%
Tenant Name
United States Postal Service
Years Remaining On Lease
6.4
Guarantor
United States Government
Rentable SF
2,363
Lease Type
Double Net
Rent Per Square Feet
$12.41

Investment Highlights

  • Single-Tenant Building With Long-Term U.S. Postal Service Tenancy
  • Recently Exercised Renewal Option Extending Lease to August 2029
  • USPS Partial Maintenance Rider, Tax Reimbursement Rider, No Termination Clause

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the United States Post Office in Dutton, Montana. The property consists of a 2,363-square foot building on a 0.64-acre lot. The single-tenant building is occupied solely by the United States Postal Service (USPS). The Post Office is open for retail business Monday through Friday from 9:00 AM to 1:00 PM. In addition to the monthly rental payment for the property, the USPS pays all recurring utility bills and reimburses the landlord for paid real estate taxes. The landlord is responsible for the cost of insurance. Landlord and tenant repair and maintenance responsibilities are outlined in the Maintenance Rider portion of the lease. Dutton is located in central Montana approximately 34 miles northwest of Great Falls.

Exclusively Listed By

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    (801) 736-2600

    License(s): MT: RRE-BRO-LIC-15748

    Montana

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