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Shop Office Flex Property
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5501 Knox Ave, Billings, MT 59106

New 2024 shop and warehouse with dedicated multi-level office for industrial and customer-facing operations.

Space Size6,600 SF
Days on Market97

Property Features for 5501 Knox Ave

General Information

Standard status Active
Size 6,600 SF
Property subtype INDUSTRIAL
Lease Type NNN

Building Details

Year Built 2024
Stories 2

Spaces For Lease

at 5501 Knox Ave
5501 Knox Ave $8.75/SF/Yr
Floor 1
Size 6,600 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
-Brand New Shop/office Space Available -6,600 SF Shop/Warehouse Building -1,600 SF of offices on two levels -Three private offices -New 2024 Construction -3 – 14’ overhead doors with operators -1 Shop Bathroom w/ ADA shower -1 ADA office bathroom -480v/400A 3 Phase power -Shop area fully insulated and liner paneled -Full Fire Suppression and Monitoring System -Large ceiling fans in shop area -High efficiency LED lighting throughout -Driveway and parking area paved -Two 300,000 BTU natural gas heaters in shop area -NNN = $2.50/ft
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Listing Agency: NAI Business Properties
Listed By: Drew Smith, CCIM · License ##14070
Source: Moodyscre
Added: Jul 1 Changed: Sep 13 Last Checked: Oct 4 at 1:18PM

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 NAI Business Properties

Investment Insights

Based on property information with market context.

This 2024-built shop/office flex property offers a total industrial facility configured with a 5,000 SF shop/warehouse building and 1,600 SF of office space on two levels. The building is new construction and includes modern amenities throughout, making it suited for day-to-day industrial activity paired with on-site office requirements.

The property is located at 5501 Knox Ave in Billings, Montana. Designed as a combined work and office environment, it provides space for teams to operate in the warehouse/shop area while maintaining administrative and support functions within the on-site office.

For tenants looking for an industrial setup with office capacity, this layout supports operations that benefit from having management, planning, and customer or client interactions within the same facility. The two-level office design provides separation between work areas and administrative space while keeping everything under one roof.

Key Highlights

  • 2024‑built shop/office space at 5501 Knox Ave in Billings, MT
  • 6,600 SF total with 5,000 SF shop/warehouse area
  • Includes 1,600 SF office space on two levels

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant

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

NNN (Triple Net)
Lease Type
$1.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 59106, MT

20,681
Population
8,164
Households
2.5
Avg Household Size
40
Median Age
52%
College-Educated
98%
High-School Grad
112.0 sq mi
ZIP Area
185
Density / Sq Mi
$122,374
Median Household Income
$52,380
Median Earnings
$1,380
Median Rent
$483,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Billings, MT

$10.81 /SF/Yr
Avg Asking Price
$7.4–$22.11 /SF/Yr
Price Range
4,387 SF
Avg Space Size

This space is priced 19% below the average of $10.81 /SF/Yr.

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - New 2024 shop and warehouse with dedicated multi-level office for industrial and customer-facing operations.
Where is this flex space located?
The property is located at 5501 Knox Ave Billings, MT.
What is the lease rate?
The lease rate is $8.75 SF/Yr.
What are key features of this property?
This property features: 2024‑built shop/office space at 5501 Knox Ave in Billings, MT; 6,600 SF total with 5,000 SF shop/warehouse area; Includes 1,600 SF office space on two levels
(406) 672-2698 Call to check price and availability
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