Single-Tenant Office with Materials
For Sale
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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.
Property SizeContact for details
Days on Market101
Property Features for 3241 Colonial Drive
General Information
Standard status
Active
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Net Operating Income
$371,250
Additional Details
Highway Access
Yes
Building Details
Year Built
2023
Tenancy
Single
Listing Agency:
Hanley Investment Group
Listed By:
Jeff Lefko · License #CA 01942025
(949) 585-7682
Source:
Crexi
Added: Jul 23
Changed: Oct 31
Last Checked: Oct 30 at 10:50AM
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
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Investment Insights
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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.
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
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in West region
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
