3 Road 261Glendive, MT 59330

Property Details for 3 Road 261

Year built

1957

Construction

STEEL FRAME

Lot size

6.43 AC

Property size (Sq ft)

3,280 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

16-2505-04-2-02-01-0000

APU

16250504202010000

Description

This exceptional investment opportunity presents a trifecta of commercial buildings situated on a substantial 6.43-acre lot in Glendive, Montana. Priced at $985,000, this property boasts a strong 8.08% cap rate, secured by a long-term national credit-level tenant under a triple-net (NNN) lease extending through December 2026. The tenant's responsibility encompasses property taxes, insurance, and the majority of maintenance expenses, minimizing owner responsibilities and maximizing return. The complex comprises three distinct structures: a dedicated office building, a warehouse featuring convenient drive-thru access, and a second warehouse equipped with three standard 8-foot garage doors, offering versatile storage and operational capabilities. This strategically located property enjoys excellent proximity to Interstate 94, ensuring convenient access and high visibility. The substantial lot size provides ample room for potential expansion or future development, adding further value to this compelling investment. This is a rare opportunity to acquire a stable, high-yielding commercial property with a proven tenant and significant long-term potential in a growing market. The financial details and lease agreement are available upon request.

Location Insight

City

Glendive

County

Dawson

State

Montana

Latitude

47.0917

Longitude

-104.769

Property Tax & Assessments

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