- For Sale $1,298,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 12,000 SF
- Lot Size 0.99 Acre
- Year Built 1999
- Date Updated Sep 23, 2026
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 Not 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.
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Contacts
Michael Speidel
Coldwell Banker Commercial CBS
Nathan Matelich
Coldwell Banker Commercial CBS
Location
Located at 1270 Lockwood Rd, Billings, MT 59101, this property is part of the Lockwood neighborhood.
Contact 1270 Lockwood Rd