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A new 5-year lease for 3,900 square feet and a new 3-year extension for 3,000 square feet are in place. This building is fully leased, which is great for an investor! The new price translates to a 7-cap based on the 2025 pro-forma. Please see the Offering Memorandum in the associated docs for details. Situated in a prime area of Four Corners, this 1.1-acre property boasts a 4,500-square-foot office building and two steel warehouses with bathrooms, each spanning 2,400 square feet, totaling 9,300 square feet of usable space. Constructed in 1998 & 2005, the office/warehouse complex has been well maintained and features nice finishes, fenced with a security gate, professional landscaping with irrigation, and ample parking. The property is currently occupied by three established tenants, with leases expiring in 2030, 2028 and 2027. This presents a prime opportunity to acquire a turnkey commercial property with future upside. Conveniently accessible from Jackrabbit Lane, the property is located near Bozeman, Belgrade, the Bozeman Yellowstone International Airport, and I-90.

• Sq Footage
  9300
• Acres
  1.1
• Days on Market
  10

Additional Features

• Association Fee
  550
• Association Fee Frequency
  Annually
• Building Area Total
  9300
• City
  Bozeman
• Contract Status Change Date
  2025-02-12
• Cooling
  Central Air
• Cooling
  Yes
• Cumulative Days On Market
  148
• Directions
  From U S-191 S/ W Main St, turn right onto Shedhorn Drive. Turn right onto Pronghorn Trail. The destination will be on the right.
• Documents Count
  4
• Heating
  Forced Air
• Heating
  Yes
• Latitude
  45.676667
• Listing Contract Date
  10
• Listing Key
  1107056894
• List Price
  2250000
• Living Area
  9300
• Longitude
  -111.183136
• Lot Size Acres
  1.1
• Lot Size Square Feet
  47916
• MLS Area Major
  Greater Bozeman Area
• MLS Area Minor
  2 F C - Boz Area Four Corners
• MLS Status
  Active
• Original List Price
  2250000
• Originating System Name
  S W M T
• Parcel Number
  R G F39527
• Photos Count
  16
• Postal Code
  59718
• Property Sub Type
  Building
• Property Type
  Commercial Sale
• Sewer
  Septic Tank
• Standard Status
  Active
• Subdivision Name
  Shedhorn
• Tax Annual Amount
  12028
• Tax Legal Description
  SHEDHORN SUB, S12, T02 S, R04 E, LOT 44, ACRES 1.117, PLAT J-234 PLUS COMMON AREA
• Tax Year
  2024
• Unparsed Address
  580 Pronghorn Trail
• Utilities
  Electricity Connected, Natural Gas Available, Septic Available, Water Available
• Water Source
  Well
• Year Built
  1998

Let me show you this listing!