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Listed price in listed location currency (USD).
$10,959,000

000

MLS® 409921

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 38563 sqft
Garage 
Taxes $32,549
Days Active 22
Lot Size 
Approx. Age 2015
Avg. Price Per Sqft $284
MLS® Number 409921

Property Address: 12 Penny Lane Lane, Gallatin Gateway, MT, 59718

Average square foot calculated using Size range provided by listing agent.

Description

12 Penny Lane — Gallatin Gateway, Montana Net Leased Showroom & Fabrication Facility Single Tenant | Purpose Built | Resort Market Exposure Offered at $10, 959, 000. 7.25% Cap Rate Executive Overview 12 Penny Lane offers investors the opportunity to acquire a fully leased, mission critical commercial facility serving Montana’s premier luxury residential construction markets, including Big Sky, Yellowstone Club, Spanish Peaks, and Moonlight Basin. The property is 100% leased to Earth Elements LLC under a newly structured modified NNN lease that delivers durable income, minimal landlord responsibilities, and built in annual rent growth. Originally purpose built in 2017 with over $4 million in specialized improvements, the facility functions as a destination showroom, fabrication hub, and corporate headquarters. The building’s highly customized nature significantly reduces tenant relocation risk and provides strong long term income security. Investment Highlights • 100% Occupied, Single Tenant Asset New arm’s length lease with established operating tenant • Strong In Place Cash Flow Net Operating Income of approximately $900, 231 • Modified NNN Lease Structure Flat $3.00/SF expense recovery with no annual reconciliation • Annual Rent Growth 3% annual escalations on base rent • Purpose Built, Non Commodity Real Estate Irreplaceable showroom and fabrication infrastructure • High Barrier Resort Market Location Limited competing inventory for comparable uses • Replacement Cost Support Insured building replacement value of $7.29M (exclusive of land) Property Description Address: 12 Penny Lane, Gallatin Gateway, MT 59730 Property Type: Commercial — Showroom / Fabrication / Warehouse Total Rentable Area: 38, 563 SF (inside wall measurement) • Office / Showroom: 14, 344 SF • Warehouse / Fabrication: 24, 219 SF The property features a custom architectural façade, extensive glass storefront exposure, and seven fully built out showroom departments serving architects, designers, and high net worth clientele. The rear fabrication area includes advanced CNC machinery, water jet cutting, overhead crane systems, and loading dock access—creating a vertically integrated operational environment.
MLS® Number409921
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2015
Basement
DrivewayCommon, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 3, 2026List Date
$10,959,000List Price
  • Commute

Commute

Starting Address
Destination Address
12 Ln, Gallatin Gateway, MT

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