1270 Lockwood Rd, Billings, MT

Industrial for Sale - $1,298,000 - 12,000 Sq. Ft.


Agent Info

Nathan Matelich
Coldwell Banker Commercial CBS

Property Info

CIMLS#1196928
Location
  1270 Lockwood Rd
  Billings MT 59101
UpdatedSeptember 22nd, 2026
TypeIndustrial
Price$1,298,000
Building12,000 Sq. Ft.

Property Description

1270 Lockwood Rd, Billings, MT For Sale $1,298,000 100% Leased Multi-Tenant Shop/Warehouse Investment Property 7.5% Cap Rate NNN Leases 6 Separate Tenants Built in 1999 12,000 SF Across 2 Buildings 0.99 Acre Lot Zoned L1 - Light Industrial Pride of Ownership = Very Little Deferred Maintenance NOTE: Please Do No Contact Tenants, Showings by Appointment Only

1270 Lockwood Rd is a turnkey investment opportunity located in Lockwood, one of the Billings area's most active industrial corridors. This 12,000 SF property is 100% leased, offering investors immediate, in-place cash flow from day one with no lease-up risk. Lockwood continues to benefit from strong industrial and commercial demand, driven by direct access to I-90, proximity to the Billings trade area and ongoing growth throughout the corridor due to the Johnson Lane Bypass addition. Properties in this submarket consistently attract quality tenants and maintain low vacancy, making this an excellent addition to any portfolio for investors seeking passive income backed by real assets in a proven Billings, MT market. Contact listing broker and sign an NDA for rent roll, lease abstracts, and financial details.


Financials



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