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Industrial Investment Opportunity | 7.6 Cap 4685 Expressway 21,590 SF Industrial Building Missoula, MT 59808 $3,145,000 ($145.67/SF)

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INVESTMENT HIGHLIGHTS

  • Longterm triple net (NNN) lease in place with 3% annual escalations
  • Potential rail access; interior loading ramp
  • Office: Four (4) offices, retail counter and restrooms
  • Excess yard space for development or expansion
  • Dynamic M1R-2 zoning allows for a wide variety of uses
  • Warehouse: Four (4) grade level doors, two (2) dock high loading doors, restrooms, break room, mezzanine

EXECUTIVE SUMMARY

SterlingCRE Advisors is pleased to present 4685 Expressway, a rare opportunity to acquire a fully-leased, high-performing industrial building on ±5.19 acres. With over twenty-five locations across the Pacific Northwest, GTS Supply has been a strong performer in the Missoula market since 2017. In addition to the low-maintenance income from the long term lease in place, an additional ±1.9 acres is available for a second development project along one of Missoula’s expanding thoroughfares.
The warehouse building is made up of ±19,660 square feet and is equipped with restrooms, a break room, interior loading ramp, and clear height near 26 feet. The office building is made up of ±1,930 square feet and is equipped with four (4) offices, a retail counter and restrooms.
The permissive M1R-2 zoning allows for a wide array of commercial uses along with high density residential. Options range from apartments, live-work units to industrial/office/retail along this corridor. The property was formerly served by a rail spur, which has the potential to be reinstated (subject to safety updates, BNSF guidelines and approvals).
Pricing is broken down into the income approach (7.6% cap rate - August 2025) for the existing lease on ±2.54 acres plus $7.03/SF for the excess ±2.65 acres (±1.9 acres net) of development land.
Disclaimer: Tenant holds a Right of First Refusal (ROFR) to meet a bona fide offer submitted by a third party. Tenant must elect to exercise said ROFR within 10 days of Landlord notice of receipt of bona fide offer.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $3,145,000
Price Per SF $145.67
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class B
Lot Size 5.19 AC
Rentable Building Area 21,590 SF
No. Stories 1
Year Built/Renovated 1994/2005
Tenancy Single
Parking Ratio 0.69/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 4
Zoning M1R-2

AMENITIES

  • Fenced Lot
  • Mezzanine

UTILITIES

  • Lighting
  • Gas
  • Water - City
  • Sewer - Septic Field
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-2199-01-1-01-02-0000
Land Assessment
$1,338,538
Improvements Assessment
$1,825,362
Total Assessment
$3,163,900
  • Listing ID: 34891071

  • Date on Market: 2/20/2025

  • Last Updated:

  • Address: 4685 Expressway, Missoula, MT 59808

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