Investment Overview

Marcus & Millichap has been exclusively selected to market for sale a rare Value-Add or Owner/User Opportunity, Tippy Cow Cafe located in Billings, MT. The Tenant currently operates on a short-term lease, with below market rents, and no options to extend. This provides an investor a near-term value-add opportunity to reposition the property at market rent while collecting income or allows an Owner/User to quickly occupy the Property. The Property is strategically located on the corner of Airport Rd. and Main St. (56,0000+ VPD) and features a large 0.86 acre lot with ample parking. The Property is zoned CMU1 (Corridor Mixed-Use 1) which permits numerous commercial uses including retail, office, and mixed uses. The Property sits directly on the major retail corridor, benefiting from national tenants like Target, Tractor Supply, Albertsons, and MetraPark – First Interstate Arena. Within a 5-mile radius, the population has grown nearly 7% since 2010 and is projected to increase by 10% in the next 5 years, with average household incomes exceeding $75,000. Within a 1-mile radius, the population has grown by more than 18% since 2010.