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Flex Shop and Office Building
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5501 Knox Ave, Billings, MT 59106

New flex shop and office building with insulated shop, ADA facilities, overhead doors, and 480v 3-phase power.

Property Size6,600 SF
Days on Market4

Property Features for 5501 Knox Ave

General Information

Standard status Active
Size 6,600 SF
Property subtype INDUSTRIAL
Lease Type SF/yr
Listing Agency: NAI Business Properties
Listed By: Drew Smith, CCIM · License #14070
Source: Moodyscre
Added: Jul 28 Changed: Jul 31 Last Checked: Jul 31 at 6:50AM

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 NAI Business Properties

Investment Insights

Based on property information with market context.

New shop/warehouse flex building at 5501 Knox Ave, Billings, MT 59106, totaling 6,600 SF. The facility includes 1,600 SF of offices on two levels with three private offices, plus a shop area that is fully insulated and liner paneled.

The shop features three to 14' overhead doors with operators, a shop bathroom with an ADA shower, and an ADA office bathroom. Electrical service includes 480v/400A 3-phase power. The building is supported by a full fire suppression and monitoring system, with large ceiling fans and high-efficiency LED lighting throughout. Two 300,000 BTU natural gas heaters serve the shop area, and the driveway and parking area are paved.

The space is designed for tenants who need both warehouse operations and dedicated office space on-site.

Key Highlights

  • 6,600 SF flex shop/warehouse building with 1,600 SF offices on two levels
  • New 2024 construction with insulated and liner paneled shop area
  • Three private offices plus ADA shop bathroom with ADA shower and ADA office bathroom

Property 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

Market

Lease Benchmarks for Billings, MT

$10.46 /SF/Yr
Avg Asking Price
$3.68–$22.11 /SF/Yr
Price Range
5,073 SF
Avg Space Size

This space is priced 16% below the average of $10.46 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - New flex shop and office building with insulated shop, ADA facilities, overhead doors, and 480v 3-phase power.
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: 6,600 SF flex shop/warehouse building with 1,600 SF offices on two levels; New 2024 construction with insulated and liner paneled shop area; Three private offices plus ADA shop bathroom with ADA shower and ADA office bathroom
(406) 672-2698 Call to check price and availability
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