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6065 - 6073 US Highway 93 18,352 SF 100% Leased Industrial Building Olney, MT 59927 $1,750,000 ($95.36/SF) 8.51% Cap Rate



INVESTMENT HIGHLIGHTS
- Five of six tenants are cannabis related businesses, two grow operations, two edible manufacturers and one testing laboratory.
EXECUTIVE SUMMARY
A great investment Opportunity with a +8.0% CAP Rate! This fully leased, 18k square foot, six unit, light industrial building is occupied by five tenants that are cannabis related businesses including two grow operations, two edible manufactures, and a testing laboratory. The sixth tenant is an injection molding plastics manufacturer. Electric power is provided via six separately metered 75kVA (480V 3PH) services. There are no applicable covenants and no zoning regulations except for US Highway 93 Scenic Corridor Zoning. Available financing options include seller, third-party private, and bank financing. No access or tenant inquiries permitted without listing agent accompaniment.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$190,980
|
$10.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$190,980
|
$10.41
|
| Taxes |
$7,887
|
$0.43
|
| Operating Expenses |
$34,194
|
$1.86
|
| Total Expenses |
$42,081
|
$2.29
|
| Net Operating Income |
$148,899
|
$8.11
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $190,980 |
| Annual Per SF | $10.41 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $190,980 |
| Annual Per SF | $10.41 |
| Taxes | |
|---|---|
| Annual | $7,887 |
| Annual Per SF | $0.43 |
| Operating Expenses | |
|---|---|
| Annual | $34,194 |
| Annual Per SF | $1.86 |
| Total Expenses | |
|---|---|
| Annual | $42,081 |
| Annual Per SF | $2.29 |
| Net Operating Income | |
|---|---|
| Annual | $148,899 |
| Annual Per SF | $8.11 |
PROPERTY FACTS
UTILITIES
- Water - Well
- Sewer - Septic Field
- Heating - Electric
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Analytical Testing Laboratory
- Services
- 2,900 SF
- $12.41
- Modified Gross
- -
- Cannabis Edibles Manufacturer
- Manufacturing
- 2,300 SF
- $12.00
- Modified Gross
- Mar 2027
- Cannabis Grow Operation
- Agriculture, Forestry, Fishing and Hunting
- 2,200 SF
- $10.39
- Modified Gross
- Sep 2025
- Injection Molding Plastics Manufacturer
- Manufacturing
- 4,400 SF
- $9.82
- Modified Gross
- Dec 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Analytical Testing Laboratory | Services | 2,900 SF | $12.41 | Modified Gross | - | |
| Cannabis Edibles Manufacturer | Manufacturing | 2,300 SF | $12.00 | Modified Gross | Mar 2027 | |
| Cannabis Grow Operation | Agriculture, Forestry, Fishing and Hunting | 2,200 SF | $10.39 | Modified Gross | Sep 2025 | |
| Injection Molding Plastics Manufacturer | Manufacturing | 4,400 SF | $9.82 | Modified Gross | Dec 2026 |
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PROPERTY TAXES
| Parcel Number | 07-4402-34-3-01-01-0000 | Total Assessment | $1,595,000 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $7,887 ($0.43/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
07-4402-34-3-01-01-0000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,595,000 (2025)
Annual Taxes
$7,887 ($0.43/SF)
Tax Year
2024 Payable 2025
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6065 - 6073 US Highway 93
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