Oracle Leased Bozeman Investment | 161 Enterprise
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Oracle Leased Bozeman Investment 161 Enterprise
21,207 SF Office Building Bozeman, MT 59718 £8,600,100 (£406/SF) 5.70% Net Initial Yield
Investment Highlights
- A state-of-the-art office technology center with unparalleled amenities
- Close proximity to Montana State University
- Fully leased to Oracle (annual revenue $42B)
- Built in 2017
- Well-maintained building
Executive Summary
SterlingCRE Advisors is pleased to present an investment opportunity at 161 Enterprise Boulevard in Bozeman, Montana. This well-finished, ±21,207 square foot office building, situated on ±2.39 acres, offers a prime location at the southern edge of Bozeman with mountain views.
Just south of Montana State University, 161 Enterprise Boulevard offers excellent staff and client parking and is situated in an Opportunity Zone. Featuring modern finishes, the property is fully leased to Oracle Corporation.
The property is nicely landscaped and is neighbored by a robust set of tech and professional services. Bozeman, Montana is an affluent, high-velocity market, consistently ranking at the top of fast-growing small cities.
Be advised that the availability of interior photos is restricted due to the utilization of proprietary technology within the facility.
The Genesis Business Park offers the option to acquire this property either as a standalone unit or as part of a portfolio, with the exception of 136 Enterprise Boulevard (currently under contract).
Just south of Montana State University, 161 Enterprise Boulevard offers excellent staff and client parking and is situated in an Opportunity Zone. Featuring modern finishes, the property is fully leased to Oracle Corporation.
The property is nicely landscaped and is neighbored by a robust set of tech and professional services. Bozeman, Montana is an affluent, high-velocity market, consistently ranking at the top of fast-growing small cities.
Be advised that the availability of interior photos is restricted due to the utilization of proprietary technology within the facility.
The Genesis Business Park offers the option to acquire this property either as a standalone unit or as part of a portfolio, with the exception of 136 Enterprise Boulevard (currently under contract).
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
21,207 SF
Building Class
A
Year Built
2017
Price
£8,600,100
Price Per SF
£406
Net Initial Yield
5.70%
NOI
£489,926
Tenancy
Single
Number of Floors
2
Typical Floor Size
10,604 SF
Building FAR
0.30
Land Acres
1.63 AC
Opportunity Zone
Yes
Zoning
R-O - R-O
Parking
88 Spaces (4.15 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 06-0798-23-1-60-01-0000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £5,466,632 |
PROPERTY TAXES
Parcel Number
06-0798-23-1-60-01-0000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£5,466,632
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Ryan Springer -
Casey Rose -
Sterling Commercial Real Estate Advisors
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Oracle Leased Bozeman Investment | 161 Enterprise
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