12 Penny Lane Lane
Gallatin Gateway, MT 59718
Listing Courtesy of Evan McCaw, McCaw, DeVries, Steinhauer & Co.
Listing #409921
38563
Square Feet
Building
Type
About this property
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.property features
Location Information
MLS Area
Boz Area Four Corners
Subdivision
Longitude
-111.196056
Latitude
45.594235
Directions
Four Corners to 191 S to Gateway Left Side East side Penny Lane Earth Elements Building.
INTERIOR FEATURES
Interior
Square Feet
38563
Bedrooms
Full / Half Baths
/ 0
Heating
Electric,Forced Air,Radiant Floor,Radiant
Half Baths
0
Cooling
Central Air
Floors
Laundry
Basement Description
Exterior FEATURES
Style
Stories
0
View Description
Exterior
Parking Description
Common,Paved
Garage Spaces
0
Lot Size in Acres
2
Water
Septic Tank
Zoning
B2
Patio / Deck Description
Fencing
ADDITIONAL INFORMATION
Year Built
2015
Roof/Attic
Property SubType
Building
Amenities
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This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
Gallatin-BigSky-BSC data last updated at 2026-04-06 00:01:10 PM MT