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Single-Tenant Office with Materials Lab
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3241 Colonial Drive, Helena, MT 59601

New 2023 single-tenant office with a certified materials testing laboratory on a new 10-year NNN lease with 3% annual increases.

Days on Market9

Property Features for 3241 Colonial Drive

General Information

Standard status Active
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Year Built 2023
Tenancy Single
Listing Agency: Hanley Investment Group
Listed By: Jeff Lefko · License #CA 01942025
Source: Crexi
Added: Jul 23 Changed: Jul 28 Last Checked: Jul 31 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanley Investment Group

Investment Insights

Based on property information with market context.

This single-tenant office property includes a certified materials testing laboratory built in 2023 for Pioneer Technical Services. The laboratory function supports ongoing materials testing operations and provides specialized infrastructure for the tenant. The property is leased on a new 10-year NNN term with 3% annual increases, along with one 5-year option also featuring 3% annual increases.

The property is located in South Helena within the growth corridor near a new I-15 interchange, offering regional connectivity. Pioneer Technical Services has a 34-year operational history in Montana, and the business was recently sold to MacKay Sposito, a 52-year-old engineering and consulting firm with 20 locations across 5 different businesses in 7 states. MacKay’s work includes civil engineering, land surveying, architecture, and environmental permitting.

Key Highlights

  • New 2023 single‑tenant office built as a flagship location for Pioneer Technical Services
  • 10‑year NNN lease with 3% annual increases, plus one 5‑year option with 3% annual increases
  • On‑site certified materials testing laboratory for specialized materials testing infrastructure

Property Analytics

Current Use

Pioneer Technical Services Laboratory

Suggested Use

Top Pick HVAC Service Real Estate Agency Law Firm Cafe & Coffee Shop Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby

Demographics for 59601, MT

30,848
Population
15,937
Households
1.9
Avg Household Size
41
Median Age
51%
College-Educated
96%
High-School Grad
130.2 sq mi
ZIP Area
237
Density / Sq Mi
$70,502
Median Household Income
$44,000
Median Earnings
$1,023
Median Rent
$355,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - New 2023 single-tenant office with a certified materials testing laboratory on a new 10-year NNN lease with 3% annual increases.
Where is this office building located?
The property is located at 3241 Colonial Drive Helena, MT.
What is the asking price?
The asking price for this property is $5,305,000.
What are key features of this property?
This property features: New 2023 single‑tenant office built as a flagship location for Pioneer Technical Services; 10‑year NNN lease with 3% annual increases, plus one 5‑year option with 3% annual increases; On‑site certified materials testing laboratory for specialized materials testing infrastructure
(949) 942-6585 Call to check price and availability
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