3 Road 261 Glendive, MT 59330

Exceptional investment opportunity in Glendive, Montana, featuring a 7.92% cap rate and a strong NOI of $78,000. This property, listed at $985,000, boasts a total of 6,416 square feet across three buildings situated on a generous 6.43-acre lot. The complex includes a modern, 2018-built Class A office building with a reception area, four private offices, ample storage, a conference room, kitchenette, and restroom. Adding to its versatility, the property also features two warehouses. One warehouse offers two 14-foot overhead doors for drive-through access, floor drains, and a dedicated office with a restroom. The second warehouse provides three 8-foot standard garage doors and is conveniently located adjacent to the office building. The property is currently 100% occupied under a Net Lease (NNN) with a single tenant, a nationally recognized, publicly traded company, providing a stable and reliable income stream. The lease commenced December 18, 2019, and includes two five-year renewal options. This prime location offers excellent visibility and accessibility, with easy interstate access, making it ideal for distribution and regional market access. The property's construction dates are 1957 and 2018. The property is classified as Class B, mixed-use (industrial), and benefits from Glendive's business-friendly environment. This is a rare opportunity to acquire a high-performing industrial property with significant upside potential.