Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    555 Corporate Drive Kalispell, MT 59901

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Up to 53,354 SF of office space available for rent.

    Type:Office
    Property size:
    53,354 SF
    Added:
    Aug 31, 2023
    Days on Market:
    965
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 555 Corporate Drive

    General Information

    Standard status
    Active
    Size
    53,354 SF
    Property subtype
    Office

    Spaces For Lease

    at 555 Corporate Drive Contact us

    $22 /Mo

    Size
    53,691 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Marcus Duffey

    Listing agent Marcus Duffey License #RRE-BRO-LIC-108657

    Listing office Glacier Sotheby's International Realty

    Listing date Aug 31, 2023

    Source Crexi

    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 Glacier Sotheby's International Realty

    Overview

    Kalispell Office Space For Rent

    Available for lease is up to 53,354 square feet of office space situated on two levels. The property features a total of 400 parking spaces and includes three-phase power sources, as well as two large back-up generators. The building is handicap accessible and offers secure badge entry to suites. Existing fiber optic data with massive bandwidth is available. The location provides easy access off Highway 93 and is close to the city center, with health clubs in close proximity. The building has newer partitions, desks, and cabinets available for a variety of configurations. Audio/visual infrastructure is available in some suites. The property includes cafeteria space and is suitable for record storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Taurus Flood: National ... Insurance Agency The Hive Daycare Center Granite Technology Solutions Security System Supplier

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.3383771
    Latitude
    48.2004692

    Nearby Similar for Lease

    • Contact for pricing

      Penthouse Office Space For Rent

      Unique penthouse office space with private bathroom and shower.
      100 Financial Drive unit: 300, Kalispell, MT 59901
      View Details
    • Contact for pricing

      Kalispell Commercial Space for Rent

      Basement suite in high-traffic area, ideal for various businesses.
      214 Main Street S unit: D, Kalispell, MT 59901
      View Details
    • $14/mo

      Kalispell Commercial Space For Lease

      Meticulously maintained showroom/office space on high-traffic corridor.
      115 W Wyoming Street, Kalispell, MT 59901
      View Details
    • $17/mo

      Downtown Kalispell Commercial Space

      Versatile 5,043 SF space in Kalispell's Central Business District.
      409 1st Avenue E unit: Stes B & C, Kalispell, MT 59901
      View Details
    • $12/mo

      Kalispell Warehouse with Highway Visibility

      Modern industrial facility in high-traffic area, ideal for various businesses.
      115 W Wyoming Street, Kalispell, MT 59901
      View Details
    • $19/mo

      Kalispell Commercial Office Space

      Office space in prime Kalispell location with flexible options.
      33 Village Loop, Kalispell, MT 59901
      View Details
    • $22/mo

      Kalispell Office/Medical Suite For Rent

      Remodeled office/medical suite in the heart of Kalispell medical community.
      1250 Burns Way unit: 1, Kalispell, MT 59901
      View Details
    • $20/mo

      Downtown Kalispell Commercial Space Available

      1,590 SF open-floorplan in vibrant Central Business District.
      409 1st Avenue E unit: Ste B, Kalispell, MT 59901
      View Details
    • $15/mo

      Kalispell Commercial Facility For Lease

      9,000 SF facility on 0.75 acres available for lease.
      1943 Mt Highway 35, Kalispell, MT 59901
      View Details
    • $16/mo

      Downtown Kalispell Commercial Space

      Versatile 3,453 SF space in Kalispell's Central Business District.
      409 1st Avenue E unit: Ste C, Kalispell, MT 59901
      View Details
    • $16/mo

      Kalispell Commercial Space with Drive-Through

      1,076 SF Kalispell commercial space with eight drive-through lanes.
      112 E Montana Street, Kalispell, MT 59901
      View Details
    • $22/mo

      Spacious Office Space Available

      Large office space with ample parking and modern amenities.
      555 Corporate Drive, Kalispell, MT 59901
      View Details

    FAQs

    What type of property is this?
    Office building - Up to 53,354 SF of office space available for rent.
    Where is this office building located?
    The property is located at 555 Corporate Drive Kalispell, MT.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Up to 53,354 SF available on two levels; 400 total parking spaces; Easy access off Hwy 93
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Marcus Duffey
    Real Estate License ID: RRE-BRO-LIC-108657
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!