54359 Us-2, Glasgow, MT 59230

This exceptional investment opportunity presents a portfolio of four industrial properties located across Montana, totaling 32,320 net rentable square feet. Each property is individually net-leased to H&E Equipment Services, Inc., a leading equipment rental company, under a single-tenant lease structure. The portfolio boasts a strong 7.25% cap rate and a substantial net operating income (NOI) of $380,997. The leases feature a remaining term of approximately 9.2 years, with two 5-year renewal options and attractive 3% annual rent increases. The properties are situated on land parcels ranging from 2.87 to 7.09 acres, and building sizes range from 6,560 to 9,560 square feet. Built between 1959 and 2019, these facilities serve as equipment rental yards, with a significant portion of inventory stored outdoors. The properties offer ideal floor area ratios (FAR), averaging 3.46%, providing flexibility for future uses. The portfolio's location in Montana benefits from a robust construction sector, experiencing a 17.5% increase in construction jobs from 2018 to 2023, creating strong demand for rental equipment. This portfolio offers a compelling combination of strong tenant occupancy (100%), long-term lease stability, and significant upside potential. The asking price for this exceptional investment is $5,255,000.