3 Road 261, Glendive, MT 59330
For Sale
1 / 2
This exceptional investment opportunity presents a trifecta of commercial buildings situated on a substantial 6.43-acre lot in Glendive, Montana. Priced at $985,000, this property boasts a strong 8.08% cap rate, secured by a long-term national credit-level tenant under a triple-net (NNN) lease extending through December 2026. The tenant's responsibility encompasses property taxes, insurance, and the majority of maintenance expenses, minimizing owner responsibilities and maximizing return. The complex comprises three distinct structures: a dedicated office building, a warehouse featuring convenient drive-thru access, and a second warehouse equipped with three standard 8-foot garage doors, offering versatile storage and operational capabilities. This strategically located property enjoys excellent proximity to Interstate 94, ensuring convenient access and high visibility. The substantial lot size provides ample room for potential expansion or future development, adding further value to this compelling investment. This is a rare opportunity to acquire a stable, high-yielding commercial property with a proven tenant and significant long-term potential in a growing market. The financial details and lease agreement are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.