A great investment Opportunity with a +8.0% CAP Rate! This fully leased, 18k square foot, six unit, light industrial building is occupied by five tenants that are cannabis related businesses including two grow operations, two edible manufactures, and a testing laboratory. The sixth tenant is an injection molding plastics manufacturer. Electric power is provided via six separately metered 75kVA (480V 3PH) services. There are no applicable covenants and no zoning regulations except for US Highway 93 Scenic Corridor Zoning. Available financing options include seller, third-party private, and bank financing. No access or tenant inquiries permitted without listing agent accompaniment.
Olney is located in Montana. Olney, Montana has a population of 113. Olney is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 28.88%.
The median household income in Olney, Montana is $26,786. The median household income for the surrounding county is $63,582 compared to the national median of $69,021. The median age of people living in Olney is 46.2 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 19.7 inches per year, with 72.6 inches of snow per year.
