SterlingCRE Advisors is pleased to present 4685 Expressway, a rare opportunity to acquire a fully-leased, high-performing industrial building on ±5.19 acres. With over twenty-five locations across the Pacific Northwest, GTS Supply has been a strong performer in the Missoula market since 2017. In addition to the low-maintenance income from the long term lease in place, an additional ±1.9 acres is available for a second development project along one of Missoula’s expanding thoroughfares.
The warehouse building is made up of ±19,660 square feet and is equipped with restrooms, a break room, interior loading ramp, and clear height near 26 feet. The office building is made up of ±1,930 square feet and is equipped with four (4) offices, a retail counter and restrooms.
The permissive M1R-2 zoning allows for a wide array of commercial uses along with high density residential. Options range from apartments, live-work units to industrial/office/retail along this corridor. The property was formerly served by a rail spur, which has the potential to be reinstated (subject to safety updates, BNSF guidelines and approvals).
Pricing is broken down into the income approach (7% cap rate - May 2025) for the existing lease on ±2.54 acres plus $7.03/SF for the excess ±2.65 acres (±1.9 acres net) of development land.
Disclaimer: Tenant holds a Right of First Refusal (ROFR) to meet a bona fide offer submitted by a third party. Tenant must elect to exercise said ROFR within 10 days of Landlord notice of receipt of bona fide offer.