For Sale
$2,300,000

134 Tarkas LnVictor, MT 59875

Two Warehouses, Excellent Tenants, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use industrial property, located at 134 Tarkas Lane in Victor, Montana, presents a compelling investment opportunity. The 18,000 square foot property sits on a 1.763-acre lot and comprises two separate warehouse/manufacturing spaces, each with its own distinct advantages. Built in 2016 and 2018, the buildings feature durable metal siding and roofing, ensuring longevity and low maintenance. The property boasts a strong tenant base, with both tenants expressing a willingness to sign new three-year absolute NNN leases, personally guaranteeing their commitments. These leases offer significant stability and predictable income streams. The current cap rate stands at 9%. Further enhancing the investment potential is the possibility of expansion; there's ample space on the site to add another building. The property includes desirable features such as a gated yard, security systems, ample parking and storage, and a convenient location with deeded highway access off Highway 93. Utilities include well water, septic, and propane. Internal features include slab floors, machine shop areas, multiple roll-up doors, a loading dock, and offices. This turnkey investment offers a blend of immediate income and future growth potential in a desirable Montana location. The property is currently owner-occupied in one building and has a long-term tenant in the other.

Highlights

  • $2,300,000 asking price for this mixed-use industrial property.
  • 18,000 square foot building with two units on a 1.763-acre lot in Victor, Montana.
  • Absolute NNN lease in place with multi-tenant occupancy.
  • Built in 2016 and 2018, featuring metal siding and roofing.
  • Property includes warehouse/manufacturing spaces, loading docks, offices, and ample parking and storage.

Property Details for 134 Tarkas Ln

Property type
Mixed-use properties, Industrial properties
Square Feet
18,000 SF
Year Built
2016
Lot Size (sq. ft)
76,796 SF
Units
2

Location Insight

City
Victor
County
Ravalli
State
Montana
Latitude
46.4471808
Longitude
-114.1312414
134 Tarkas Ln, Victor, Montana

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134 Tarkas Ln
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