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$10,959,000

0 Beds 0 Baths 40,111 SQFT 2.50 Acres
Type: Commercial

12 Penny Lane Lane
Gallatin Gateway, MT 59718

MLS#: 409921
Michael Pitcairn
Michael Pitcairn
Outlaw Realty
Phone: 406.539.6060
Office: 406.995.2404
Presented by: McCaw, DeVries, Steinhauer & Co.

Property 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.


 

Interior Features

Other Interior Features

Above Grade Finished Area0 sqft
Air Conditioning Y/NYes
Heating Y/NYes

General

CityGallatin Gateway
CoolingCentral Air
CountyGallatin
DirectionsFour Corners to 191 S to Gateway Left Side East side Penny Lane Earth Elements Building.
Electric3 Phase
HeatingElectric, Forced Air, Radiant Floor, Radiant
Legal DescriptionMINOR SUB 262, S11, T03 S, R04 E, Lot 1, ACRES 2.5
Lot Size Square Feet108,900 sqft
Lot Size UnitsAcres
MLS AreaGreater Bozeman Area
MLS Area Minor2FC - Boz Area Four Corners
ModificationTimestamp2026-05-11T21:09:49.127-00:00
OwnershipFull
PossessionClosing
Possible UseIndustrial, Office, Retail
PostalCityGallatin Gateway
Property Sub Type AdditionalBuilding, Commercial
Property SubtypeBuilding
Property TypeCommercial Sale
SewerSeptic Tank
Standard StatusActive
StatusActive
Tax Annual Amount$32,549
Tax Year2025
Tenant PaysElectricity, Gas, Grounds Care, Insurance, Minor Interior Maintenance, Taxes, Trash Collection, Water
UtilitiesElectricity Connected, Natural Gas Available, Phone Available, Septic Available
Year Built2015
Zoning DescriptionB2

Exterior

Building Area Total40,111 sqft
HorsesN
Irrigation/Water RightsN
Lot Size Acres2.5
Lot Size Area2 sqft
Other Parking26 Or More
Parking FeaturesCommon, Paved
Water SourceWell

Additional Details

Price History

  

Similar Properties

$10,959,000

0 Beds 0 Baths 40,111 SQFT 2.50 Acres
Type: Commercial

12 Penny Lane Lane
Gallatin Gateway, MT 59718

MLS#: 409921
Michael Pitcairn
Michael Pitcairn
Outlaw Realty
Phone: 406.539.6060
Office: 406.995.2404