Listed by Rob Veltkamp Brokerage
$4,300,000
1720 Lampman Drive
Details
Property Type Retail, Office
Sub Type Distribution, Executive Office
Square Footage 33,053
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 2
Price per SqFt $130
Class A
Year Built 2001; 2019
Acreage 2.000
Zoning I1-Light Industrial Zoning Classification
Ground Lease No
Ceiling Height 22’-23’
Dock High Doors 8
Sale Condition Sale for leaseback
Large Dock High Distribution Storage Warehouse with Deluxe Offices
Marketing description
Approximately 26,000 Sq. Ft. of dock high warehouse and shop space, and 7,000 Sq. Ft. of finished offices, conference rooms, training/bull pen areas, breakrooms, and several sets of men’s and women’s restrooms Warehouse facility has 22’-23’ sidewall heights with five (5) dock high doors and three (3) ground level drive in doors measuring 12’ W x 14’ H. Building is sandwich panel, tilt up concrete, energy efficient. Site improvements include asphalt with paved parking and truck access areas. Rail tracks on east end of building with rail dock.
Investment highlights
- Located at 1720 Lampman Drive, Billings, MT 59102
- Class A offices and large dock high warehouse / shop
- Good parking with signage area on Lampman Drive
- West end location with good access to Interstate 90
- Currently occupied by Diversified Transfer & Storage Pallet Shop
- Seller’s company to lease back the entire 33,000 sq. ft. facility at $28,000 per month triple net for a five (5) year initial term with two (2) five (5) year renewal terms. New triple net lease to be negotiated between Buyer and Seller before closing.
- Land parcel : Approximately 87,120 Sq. Ft. (2 Acres)
- Approximately 33,053 Total Sq. Ft.
- Approximately 26,000 Sq. Ft. of dock high warehouse and shop space, and 7,000 Sq. Ft. of finished offices, conference rooms, training/bull pen areas, breakrooms, and several sets of men’s and women’s restrooms.
- Warehouse facility has 22’-23’ sidewall heights with five (5) dock high doors and three (3) ground level drive in doors measuring 12’ W x 14’ H. Building is sandwich panel, tilt up concrete, energy efficient.
- Site improvements include asphalt with paved parking and truck access areas. Rail tracks on east end of building with rail dock.
Listing Contacts
Listed by Rob Veltkamp Brokerage
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