Contacts
Van Delinder Realty, LLC
Property Details
- Property Type Storage
- Property Size 33,500 SF
- Lot Size 3.5 Acre
- Cap Rate % 7.88
- Parking Spaces Avail. 40
- Parking Ratio 1.19 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 2009
- Date Updated Oct 16, 2025
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The property features approximately 33,300 rentable square feet of enclosed storage and 10,000 square feet of outdoor parking, currently configured for vehicle and trailer storage. Unit sizes range from compact 25 SF lockers to expansive 1,000 SF bays, offering a wide appeal across customer segments. The facility benefits from all drive-up access, minimal staffing, and a clean, functional layout that could easily support automation. With economic occupancy at 72% and strong in-place rental rates aligned with market comparables, this offering presents a compelling opportunity to drive revenue growth through improved occupancy and operational efficiencies—making it an attractive investment for experienced operators or those seeking entry into the Montana market. |
Reach out to the broker for more info on lease terms and amenities
Highlights
- Five Corners Storage is an exceptional self-storage investment located in Billings, Montana's fast-growing Heights area, a region characterized by robust residential expansion. This facility is strategically positioned on Chicago Circle near key commuter routes, ensuring convenient access for both residential and commercial customers. The surrounding demographics reflect a strong median household income approaching $100,000 and high homeownership rates—an ideal backdrop for steady storage demand.
- Strong Value-Add Opportunity – The facility offers immediate upside through increased marketing, online presence, and advertising efforts to boost occupancy and overall revenue.
- Efficient Operations with Upside – Achieving strong average rents of $6.84 without professional management, with potential to further improve margins by reducing payroll through remote or third-party management.
- Strategic Location – Located in growing northeast Billings near residential neighborhoods, new housing developments, and major transportation routes.
- Well-Equipped Facility – Includes security cameras, an electronic gate, and an on-site office, enhancing tenant appeal and supporting efficient operations.
Attachments
Getting around
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26/100
Bike Score ®
Location
- City Billings, MT
- Neighborhood Northeast Billings
- Zip Code 59105
Points of Interest
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Yellow Cab
9.16 miles
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5 Corners Express
0.29 miles
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Tesla Supercharger
5.35 miles
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Exxon
5.92 miles
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Conoco
6.04 miles
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Pilot
6.26 miles
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Cenex
6.79 miles
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Interstate Bank Parking Lot
9.60 miles
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DOI Parking Lot
9.68 miles
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DOI Government Vehicle Secure Parking
9.72 miles
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Cisel Lot
9.92 miles
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Rimrock East
9.94 miles
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s
9.96 miles
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Parking Garage
9.98 miles
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Holiday Inn Express
6.19 miles
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Twin Clubs
6.58 miles
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Heights Inn Motel
7.19 miles
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Country Inn & Suites, Billings, MT
8.32 miles
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Boothill Inn & Suites
8.35 miles
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Lewis and Clark Inn
9.55 miles
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rode way inn
9.89 miles
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Rodeway Inn Billings Logan International Airport Near St Vincent Hospital
9.89 miles
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Walmart Supercenter
6.61 miles
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Big Lots
6.82 miles
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Amaya Oriental Market
6.85 miles
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Lockwood IGA
7.33 miles
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Albertsons
7.80 miles
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Target
8.03 miles
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Mr. Thrifty Foods
9.30 miles
Van Delinder Realty, LLC
