Billings, MT Industrial Properties for Lease
- Laurel, MT
Billings, MT Industrial properties Lease Rates & Market Statistics
Browse 80 Industrial properties for lease in Billings, MT on Realmo, a commercial real estate marketplace serving the Billings area. The current inventory totals 694,338 square feet of properties — an average of ~8,700 SF per listing.
Asking lease rates for Industrial properties in Billings start at $3.68 SF/Yr, average $10.37 SF/Yr, and reach $22.11 SF/Yr at the top of the market. That's a 6x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $10.37 SF/Yr is 26% below the Montana state average of $14.06 SF/Yr.
Billings accounts for 94% of the 85 industrial properties currently available across Yellowstone County, where a nearby market includes Laurel. By space type, the market includes 70 flex space listings, 6 other industrial properties and 4 distribution centers — other industrial properties typically offer the lowest entry point, while flex space commands the highest rates.