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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 $819,726.
• 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: 16,288 SF
• Warehouse / Fabrication: 23,823 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.

• Sq Footage
  40111
• Acres
  2.5
• Days on Market
  86

Additional Features

• Building Area Total
  40111
• City
  Gallatin Gateway
• Contract Status Change Date
  2026-04-01
• Cooling
  Central Air
• Cooling
  Yes
• Cumulative Days On Market
  42
• Directions
  Four Corners to 191 S to Gateway Left Side East side Penny Lane Earth Elements Building.
• Documents Count
  2
• Heating
  Electric, Forced Air, Radiant Floor, Radiant
• Heating
  Yes
• Latitude
  45.594235
• Listing Contract Date
  2026-04-01
• Listing Key
  1156769108
• List Price
  11307000
• Living Area
  40111
• Longitude
  -111.196056
• Lot Size Acres
  2.50000
• Lot Size Square Feet
  108900
• MLS Area Major
  Greater Bozeman Area
• MLS Area Minor
  2 F C - Boz Area Four Corners
• MLS Status
  Active
• Original List Price
  10959000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  00 R H F43242
• Parking Features
  Common, Paved
• Photos Count
  44
• Postal Code
  59718
• Property Sub Type
  Building
• Property Type
  Commercial Sale
• Sewer
  Septic Tank
• Standard Status
  Active
• Tax Annual Amount
  32549.00
• Tax Legal Description
  MINOR SUB 262, S11, T03 S, R04 E, Lot 1, ACRES 2.5
• Tax Year
  2025
• Unparsed Address
  12 Penny Lane Lane
• Utilities
  Electricity Connected, Natural Gas Available, Phone Available, Septic Available
• Water Source
  Well
• Year Built
  2015

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