Investment Property in Missoula 3102 W Broadway St 11,400 SF Industrial Building Missoula, MT 59808 $2,050,000 ($179.82/SF) 7.37% Cap Rate

SterlingCRE Advisors is pleased to present 3102 West Broadway, a rare opportunity to acquire a fully leased single-tenant investment opportunity located directly within Missoula’s path of growth. This well-maintained and versatile property is occupied by Silixa, a company specializing in fiber optic sensing solutions, which was acquired by parent company Luna Innovations in December 2023. Silixa has invested heavily in the property. The tenant used their first extension early, and the lease term is extended through May 2028.
This high visibility commercial property sits on a ±0.49 acre parcel and is less than ±2 miles from the North Reserve and I-90 Interchange. The property benefits from the high visibility of ±22,419 (2023 AADT) daily drivers along West Broadway with convenient access to all major thoroughfares in the Missoula Valley.
The subject property has historically been a multi-tenant asset, with the current tenant steadily absorbing all available space as leases termed. The building is equipped with ±4,500 SF of office space, ±6,900 SF of warehouse space, and four (4) grade-level loading doors. The favorable zoning and layout of 3102 W. Broadway are attractive for users seeking retail, office, and/or warehouse space.