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Summit Beverage 1005 S Montana St 34,754 SF Industrial Building Butte, MT 59701 $8,936,000 ($257.12/SF) 7% Cap Rate
Executive Summary
JET Industrial is pleased to present the sale leaseback of Summit Beverage’s 34,754
SF corporate distribution facility located in Butte, Montana. The property sits on 2.57
acres and serves as a mission-critical logistics center for one of Montana’s largest
beverage distributors. Summit Beverage will execute a new 15-year Absolute NNN
Lease at closing.
Summit Beverage has been a prominent presence in Montana since 1968. Through a
series of strategic acquisitions, the company has established itself as a leading distributor
of beer, wine, and non-alcoholic beverages. Summit Beverage serves a broad geographic
area across Montana, offering an extensive portfolio that includes renowned
brands such as Coors, Miller, Gallo, Heineken, and Corona. With its wealth of industry
experience and strong market positioning, the company is well-positioned to continue
its long-term success.
Located in the scenic Rocky Mountains of Southwest Montana, Butte is a historic
mining town with a population of approximately 40,000, making it the fifth-largest
city in the state. The city benefits from convenient access to Interstates 15 and 90.
The Butte industrial market remains highly sought after, driven by strong logistics
connectivity, limited supply, and consistent rental growth. These factors make the
market an attractive long-term investment opportunity, providing stability and
potential for appreciation.
For further information regarding Summit Beverage, please visit summitbeverage.com.
SF corporate distribution facility located in Butte, Montana. The property sits on 2.57
acres and serves as a mission-critical logistics center for one of Montana’s largest
beverage distributors. Summit Beverage will execute a new 15-year Absolute NNN
Lease at closing.
Summit Beverage has been a prominent presence in Montana since 1968. Through a
series of strategic acquisitions, the company has established itself as a leading distributor
of beer, wine, and non-alcoholic beverages. Summit Beverage serves a broad geographic
area across Montana, offering an extensive portfolio that includes renowned
brands such as Coors, Miller, Gallo, Heineken, and Corona. With its wealth of industry
experience and strong market positioning, the company is well-positioned to continue
its long-term success.
Located in the scenic Rocky Mountains of Southwest Montana, Butte is a historic
mining town with a population of approximately 40,000, making it the fifth-largest
city in the state. The city benefits from convenient access to Interstates 15 and 90.
The Butte industrial market remains highly sought after, driven by strong logistics
connectivity, limited supply, and consistent rental growth. These factors make the
market an attractive long-term investment opportunity, providing stability and
potential for appreciation.
For further information regarding Summit Beverage, please visit summitbeverage.com.
Property Facts Under Contract
| Price | $8,936,000 | Rentable Building Area | 34,754 SF |
| Price Per SF | $257.12 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1983/2001 |
| Cap Rate | 7% | Tenancy | Single |
| Sale Condition | Sale Leaseback | Clear Ceiling Height | 20’ |
| Property Type | Industrial | No. Dock-High Doors/Loading | 5 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C |
| Price | $8,936,000 |
| Price Per SF | $257.12 |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Rentable Building Area | 34,754 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1983/2001 |
| Tenancy | Single |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Fenced Lot
- Signage
- Wheelchair Accessible
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-1197-24-2-03-30-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,478,000 |
Property Taxes
Parcel Number
01-1197-24-2-03-30-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,478,000
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Summit Beverage | 1005 S Montana St