DEVELOPMENT OPPORTUNITY 1142 & 1146 GRAND AVENUE • BILLINGS • MONTANA • 59102 2223 Montana Avenue, Suite 201 l Billings, Montana 59101 Office 406.690.2085 www.mtnwest.com CONTACT: This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through this office. The above information while not guaranteed has been secured from sources we believe to be reliable. CHANDLER GRIFFIN cgriffi[email protected]mobile 406.690.2085 View Profile FOR SALE PROPERTY SPECS • Existing Buildings Need to be Demolished • Potential for New Retail/Restaurant • 1142 Grand Avenue: 21,506 SF • 1146 Grand Avenue: 10,719 SF • Total SqFt: 32,225 SF • Zoning: Community Commercial • Property Taxes: $8,809 Approximately • Daily Traffic Count on Grand Avenue: 21,270 Cars/Day • Located on Morning Side Traffic • Location is near:Banking Institutions - Restaurants/Casual Dining - West Park Promenade - Fitness Centers - New Starbucks - Albertson Grocery Store and Retail Strip Center - Van’s IGA Grocery Store and Retail Strip Center DEMOGRAPHICS 1 MILE 3 MILES 5 MILES POPULATION 2016 ESTIMATED POPULATION 15,486 69,147 106,792 2021 PROJECTED POPULATION 16,104 72,238 112,952 HOUSEHOLDS 2016 ESTIMATED HOUSEHOLDS 7,163 29,855 45,224 2021 PROJECTED HOUSEHOLDS 7,455 31,255 47,794 INCOME 2016 EST. AVERAGE HH INCOME $57,849 $61,152 $67,521 2016 EST. MEDIAN HH INCOME $42,217 $44,424 $49,349 2016 EST. PER CAPITA INCOME $27,297 $26,920 $29,040 Grand Avenue Alderson Avenue 12th Street West 21,270 cars/day 1,500 SF 2,500 SF 2,500 SF EMPLOYEE PARKING
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DEVELOPMENT OPPORTUNITY1142 & 1146 GRAND AVENUE • BILLINGS • MONTANA • 59102
2223 Montana Avenue, Suite 201 l Billings, Montana 59101Office 406.690.2085www.mtnwest.com
CONTACT:
This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through this office. The above information while not guaranteed has been secured from sources we believe to be reliable.
- Restaurants/Casual Dining - West Park Promenade - Fitness Centers - New Starbucks - Albertson Grocery Store and Retail Strip Center - Van’s IGA Grocery Store and Retail Strip Center
DEMOGRAPHICS 1 MILE 3 MILES 5 MILES
POPULATION
2016 ESTIMATED POPULATION 15,486 69,147 106,792
2021 PROJECTED POPULATION 16,104 72,238 112,952
HOUSEHOLDS
2016 ESTIMATED HOUSEHOLDS 7,163 29,855 45,224
2021 PROJECTED HOUSEHOLDS 7,455 31,255 47,794
INCOME
2016 EST. AVERAGE HH INCOME $57,849 $61,152 $67,521
2016 EST. MEDIAN HH INCOME $42,217 $44,424 $49,349
2016 EST. PER CAPITA INCOME $27,297 $26,920 $29,040
Grand Avenue
Alderson Avenue
12th Street West
21,270 cars/day
1,500 SF
2,500 SF
2,500 SF
EMPLOYEE PARKING
DEVELOPMENT OPPORTUNITY1142 & 1146 GRAND AVENUE • BILLINGS • MONTANA • 59102
2223 Montana Avenue, Suite 201 l Billings, Montana 59101Office 406.690.2085www.mtnwest.com
CONTACT:
This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through this office. The above information while not guaranteed has been secured from sources we believe to be reliable.
376 East 400 South, Suite 120 l Salt Lake City, Utah 84111Offi ce 801.456.8800 l Fax 801.578.5500 l www.mtnwest.com
The above information while not guaranteed has been secured from sources deemed reliableMap Data and/or Imagery Courtesy of Google, MDT (2015)
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DEVELOPMENT OPPORTUNITY1142 & 1146 GRAND AVENUE • BILLINGS • MONTANA • 59102
2223 Montana Avenue, Suite 201 l Billings, Montana 59101Office 406.690.2085www.mtnwest.com
This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through this office. The above information while not guaranteed has been secured from sources we believe to be reliable.
ABOUT BILLINGS, MONTANAIn the middle of Big Sky Country, within the beautiful Yellowstone Valley lies Billings, Montana’s largest city. Billings is the major hub for retail and wholesale outlets, education, and medical facilities not only for Montana, but also for the Northern Rockies and Northern Great Plains. The city’s primary trade and service area is one of the largest in the U.S. The city is also a regional center for a wide range of agriculturally related businesses as well as the energy industry.
The recreational opportunities are second to none. Montana’s largest city and the County Seat of Yellowstone County, Billings, is the gateway for winter sports, fishing, hunting, rafting, camping, hiking, golf and numerous other outdoor activities. Billings is the center of a recreational paradise with close proximity to Yel-lowstone and Glacier National parks as well as Little Bighorn Battlefield National Monument, Bighorn National Recreation Area, the Yellowstone River, and the Absaroka-Beartooth Wilderness. Both city and county are the most heavily populated in the state.
BILLINGS ACCOLADES• Billings voted AMERICA’S BEST TOWN OF 2016 by OUTSIDE MAGAZINE• Montana ranked 3rd as one of the 5 US States Where People are Happiest and Healthiest, 2016• Billings ranked #39 in Top 100 Best Places to Live, 2016• Billings Runner-Up for Most Sustainable Towns in the West, 2016• Billings named in Cities with the Fastest Growing Economies, 2015• The Billings’ metro area ranked #15 out of 180 metro areas in the Gallup-Healthways Well-Being Index, 2014• The Billings’ metro area named in Top ten U.S. Metropolitan Areas for Resident’s Satisfaction
Source: City of Billings, Economic Development
HEALTHCARE Billings is home to two-state of-the-art hospitals, Billings Clinic and St. Vincent Healthcare. Health care employs about 16 percent of the Billings workforce with a payroll of about $641 million annually. Add in the indirect payroll for workers whose jobs depend on business from the health care sector, and the payroll tops $1.2 billion.
REGIONAL HEADQUARTERS AND BACK OFFICE OPERATIONSLow labor costs and low effective tax rates makes Billings an ideal location for an industry sector. Corporations like Wells Fargo and First Interstate Bank have had great success with back office operations, and companies like KOA, Avitus Group, and Tire-Rama are headquartered in Billings.
MANUFACTURING, WAREHOUSE TRANSPORTATION & LOGISTICSWith extremely competitive natural gas prices and access to a population of approximately 10 million, Billings is a great place for manufacturing value-added food products, machinery and equipment, chemicals, plastics, and guns. Located a day’s drive from Denver, Calgary, Salt Lake City and Spokane, Billings is well posi-tioned as a warehousing and distribution hub.