4685 Expressway, Missoula, MT
Warehouse with long-term lease, expansion space, and M1R-2 zoning.
- Added:
- Jul 25, 2025
- Days on Market:
- 347
- Last Refresh:
- May 19 at 9:50 pm
Property Features for 4685 Expressway
General Information
- Standard status
- Active
- Size
- 21,590 SF
- Lot size
- 5.19 Acres
- Property subtype
- INDUSTRIAL
Listing office Sterling CRE Advisors (406) 360-3102
Listing date Jul 25, 2025
Source Moodyscre
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 Sterling CRE Advisors
HighLights
- Longterm triple net (NNN) lease in place with 3% annual escalations
- Excess yard space for development or expansion
- Dynamic M1R‑2 zoning allows for a wide variety of uses
- Potential rail access; interior loading ramp
- Four (4) grade level doors, two (2) dock high loading doors
- Close Proximity to Reserve Street, the Wye, and I‑90
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $238.4k | $11.04 |
| − Vacancy | −$14.3k | −$0.66 |
| EGI | $224.1k | $10.38 |
| − OpEx | −$33.6k | −$1.56 |
| NOI | $190.4k | $8.82 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Missoula
- County
- Missoula
- State
- Montana
- Longitude
- -114.063
- Latitude
- 46.9136