FR AN K ROAD IN D U STRIAL | B OZEM AN VALLE Y, MT
FRANK ROAD
PROPERTY I N F O R M AT I O N TOTAL ACRE AG E 21 . 36 ACRES LOC ATION Fr ank Roa d, B e lgra d e MT PROPERT Y USE In d us trial ZONING CURRENTLY ZONED AS M-1 Light Manufacturing District
THE OFFERING Positioned in a prime logistics hub north of Bozeman, the Property is situated in Belgrade, Montana with close proximity to I-90 and the Bozeman Yellowstone International Airport. The site is able to accommodate tenants from 25,000 sqft to 300,000 sqft. Strategically located adjacent to Montana’s busiest airport, this Property offers an ideal logistics point for an industrial tenant within its distribution network. The development of this facility is driven by the need to accommodate the rapid population growth in the region, with Bozeman’s population having surged by nearly 20 percent in the past five years.
FRANK ROAD
PRO PE RT Y OV E RV I E W: The industrial distribution facility on Frank Road in Belgrade, MT nestled in the Bozeman Valley, presents a promising option for businesses. This region is known for its rapid growth and the property’s strategic location within the Bozeman, Belgrade, and Big Sky communities only enhances its desirability. Benefiting from a strategic position, the property offers excellent accessibility to Bozeman’s primary highways and transportation routes, including Highway 191 and Interstate 90. Moreover, it is conveniently located just 2 miles away from the Bozeman Yellowstone International Airport. The surrounding area features a mix of commercial and light industrial properties, with the notable inclusion of a nearby FedEx facility, signifying the area’s continual growth and potential for expanding industrial operations. Near the Property is a premier mixed-use development that is underway. WEST POST is a 253acre community which will feature grocery stores, restaurants, office space, housing, parks, and trail systems.
124,974
METRO POPULATION
107K+ AVG. HH INCOME
35.0
MEDIAN AGE
P O P U L AT I O N G R O W T H : Gallatin Valley’s population has increased by nearly 20 percent in the past 5 years, with population projections suggesting a continued increase of another 8% by 2027. Increased numbers of college students attending school at MSU for in-demand engineering and tech degrees, along with the substantial growth in tech companies migrating to the area, have contributed significantly to this robust population boom. Currently, over 16,900 students attend MSU.
GALLATIN VALLEY’S POPULATION HAS GROWN BY 20% IN THE PAST 5 YEARS
AREA MAP
FRANK ROAD
SCAN HERE FOR THE AN I N T E R AC T I V E LO C AT I O N M A P
NEARBY INDUSTRIAL TENANTS: • Arlin’s Aircraf t • Big Sk y Insulations Inc • Blanton • Bridger Aerospace • Case Qualit y Materials • Central Copters • Concrete Materials Of Montana • Core & Main Suppliers • Darigold Belgrade • Dynojet Research Inc • Emmer Brothers • FedEx • Floyd ’s • Freds • Frontline Ag • Griz zly Logistics • H&E Equipment • H&H • Hogan Crane & Transpor t • Knife River Sand & Gravel
• McWilliams Construc tion • MCM Truck Repair • Montana Linen Supply • Mclees Incorporated • Nor th Park Transpor tation • Nor thwest Pipe • Pacif ic Steel • Per formance Forklif t • Powder Coating Of Montana • Rainbow • R&S Supply • Ridgeline Aviation • Rock y Mountain Rotors • Torgersons • Tri-State • UPS • Ver tex Tower Solutions • Warren Transpor t • Yellowstone Pavement • & More
B OZ E M A N Y E LLOWS TO N E I N T E R N ATI O N A L A I R P O RT ± 2 Miles from Subject Property Annual Flights: 105,298 Montana's Busiest Airpot
FR AN K ROAD
B I G S K Y, MT ± 44 Miles South from Property
192,800 SF DISTRIBUTION FACILITY | 21± ACRES
BOZEMAN, MT ± 10 Miles SE from Property
FRANK ROAD
C O N C E P T O N E | 2 1 2 , 9 4 0 T O TA L S F 70'
Building 1 - 88,200 Sf Dock High Doors - 24 Clear Height - 32’ Grade Level Doors - 2 Auto-Parking - 80 stalls Lay Down Area - 2.32 acres
40'
RETENTION POND
54' TYP.
OFFICE
60' TYP.
FOOTPRINT: 124,740 SF CLR.HGT: 32'
INDUSTRIAL BLDG 2
60'
STORAGE AREA: 124,924 SF (2.87 AC)
26'
14'
594'
75' 135'
180'
STORAGE AREA: 8,581 SF (0.197 AC)
50' TYP.
60' YUKON LANE ACCESS DRIVE EASEMENT
YUKON LANE (FUTURE)
OFFICE
HIGHWAY 85
25' SEWER AND WATER PIPELINE AND ACCESS EASEMENT
40'
210'
166'
STORAGE AREA: 96,660 SF (2.22 AC)
75'
26' 24'
60' TYP.
COUNTER
INDUSTRIAL BLDG 1 FOOTPRINT: 88,200 SF CLR.HGT: 32'
OFFICE
210'
50' TYP. 54' TYP.
SHOWROOM
420'
60' PUBLIC R.O.W.
20' GAS PIPELINE EASEMENT
30'
FRANK ROAD
192,800 SF DISTRIBUTION FACILITY 21± ACRES
60'
135'
40'
Building 2 - 124,740 Sf Dock High Doors - 31 Clear Height - 32’ Grade Level Doors - 2 Auto-parking - 118 stalls Lay Down Area - 2.87 acres
All buildings are 54’ x 50’ with a 60’ speed bay
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70'
STORAGE AREA: 80,208 SF (1.84 AC)
Building 1 - 102,060 SF Dock High Doors - 24 Clear Height - 32’ Grade Level Doors - 2 Auto-Parking - 80 stalls
40'
INDUSTRIAL BLDG 2 FOOTPRINT: 102,060 SF CLR.HGT: 32'
54' TYP. OFFICE
FOOTPRINT: 53,460 SF CLR.HGT: 32'
OFFICE
110'
486'
INDUSTRIAL BLDG 3
26'
75' 60' INDUSTRIAL BLDG 4 FOOTPRINT: 53,460 SF CLR.HGT: 32' 486'
40'
110'
26'
192,800 SF DISTRIBUTION FACILITY
OFFICE
Building 4 - 47,250 SF Dock High doors - 24 Clear Height - 32’ Grade Level Doors - 2 Auto-Parking - 50 stalls
60' FOOTPRINT: 47,520 SF CLR.HGT: 32' 433'
110'
INDUSTRIAL BLDG 5
OFFICE
30'
FRANK ROAD
26'
60' PUBLIC R.O.W.
20' GAS PIPELINE EASEMENT
OFFICE
60' TYP.
54' TYP.
50' TYP.
40'
Building 3 - 53,460 SF Dock High doors - 24 Clear Height - 32’ Grade Level Doors - 2 Auto-Parking - 50 stalls
21± ACRES
75'
OFFICE
60' TYP.
54' TYP.
50' TYP.
40'
YUKON LANE (FUTURE)
40'
60' YUKON LANE ACCESS DRIVE EASEMENT
60'
40'
54' TYP.
50' TYP.
OFFICE
Building 2 - 53,460 SF Dock High doors - 24 Clear Height - 32’ Grade Level Doors - 2 Auto-Parking - 50 stalls
26'
OFFICE
486'
60' TYP.
25' SEWER AND WATER PIPELINE AND ACCESS EASEMENT
HIGHWAY 85
210'
50' TYP.
60' TYP.
60'
75'
RETENTION POND
130'
C O N C E P T T W O | 2 5 6 , 2 3 0 T O TA L S F
This conceptual design is based upon a preliminary review of entitlement requirements and on unverified and possibly incomplete site and/or building information, and is intended merely to assist in exploring how the project might be developed.
Total Lay Down Area - 1.84 acres scheme: 07
Frank Road Development Frank Road - Site Plan
Frank Road, Belgrade, MT 59714
1" =60'
All buildings are 54’ x 50’ with a 60’ speed bay 0
30
60
150
300
HOU22-0055-00 08.14.2022
NORTH
SHEET
1
FRANK ROAD
C O N C E P T T H R E E : 3 1 1 , 0 4 0 T O TA L S F Building Footprint: 311,040 SF
RETENTION POND
26'
40'
Warehouse - 298,080 SF Dock High Doors - 112
40'
40'
130'
60' 50' TYP. TYP.
Grade Level Doors - 4
54' TYP.
60'
Clear Height - 32’
OFFICE
OFFICE
135'
Parking Required: Warehouse - 149 stalls Office - 52 stalls
25' SEWER AND WATER PIPELINE AND ACCESS EASEMENT
YUKON LANE (FUTURE)
60' YUKON LANE ACCESS DRIVE EASEMENT
FOOTPRINT: 311,040 SF CLR.HGT: 32'
972'
HIGHWAY 85
INDUSTRIAL BLDG 1
40'
50’ x 54’ with a 60’ speed bay
192,800 SF DISTRIBUTION FACILITY 21± ACRES
320'
OFFICE
OFFICE
40'
26'
40'
60' PUBLIC R.O.W.
20' GAS PIPELINE EASEMENT
30'
FRANK ROAD
This conceptual design is based upon a preliminary review of entitlement requirements and on unverified and possibly incomplete site and/or building information, and is intended merely to assist in exploring how the project might be developed.
scheme: 06
1" =60'
0
30
60
150
300
NORTH
Frank Road Development Frank Road - Site Plan
Frank Road, Belgrade, MT 59714
HOU22-0055-00 10.03.2022
SHEET
1
FRANK ROAD
Frank Road Marketing Montana, AC +/-
INT
ER
ST AT E
90
JACKRABBIT LANE
Boundary
The information contained herein was obtained from sources
BELGRADE
FRANK ROAD INDUSTRIAL
BOZEMAN, MT ± 10 Miles SE from Property
B I G S K Y, MT ± 44 Miles South from Property
BOZEMAN FOUR CORNERS
THE FR ANK ROAD TEAM O U T L AW R E A L E S TAT E PA R T N E R S : Outlaw Real Estate Partners is a real estate investment, development, and services company founded to thoughtfully create special places to accommodate the exceptional growth occurring in the Rocky Mountains. Leveraging key relationships with local environmental non-profits like Montana Land Reliance and the Gallatin River Task Force, our purpose is to develop sustainable and responsible growth that benefits places like Bozeman and the greater Gallatin Valley for generations to come. Combined with its extended family of companies, Outlaw Realty and Outlaw Partners Marketing, Media and Events, Outlaw Real Estate Partners has a keen ability to execute across the spectrum of investment and development.
S T R E A M R E A LT Y : Stream is a fully integrated commercial real estate firm with 16 offices across the country. Stream’s services include leasing, property management, development, investment management, construction management, and investment sales. Providing end-to-end, full-service commercial real estate services for owners, investors, and tenants, Stream’s successful history of developing, buying, and selling real estate across all product types provides our clients and experts powerful advantages by applying an owner’s lens and unique perspectives to achieve extraordinary outcomes. Since inception, Stream has invested in over 175 projects worth an excess of $8.6bn across the office, industrial, retail, and data center sectors. Stream has successfully completed over 24mm square feet of developments, including over 19mm square feet of industrial developments.
FOR PRO J EC T I N Q U I R I ES C O NTAC T: DARREN STREETS Sales Associate Outlaw Realty 406-570-4862 Darren@outlaw.realty
MATTESON HAMILTON, SIOR Executive Managing Director Stream Realty 713-299-3227 mhamilton@streamrealty.com
BEN HARRISON Associate-Investments Stream Realty 469-269-9991 Ben.harrison@streamrealty.com
STREAM CASE STUDIES
Alder Industrial
Benchmark Industrial
Loc a t i o n : Fontana, California
Lo c a ti o n: Houston, Texas
Prop e r t y Type : Industrial
Pro p er t y Ty p e: Industrial
R enta bl e S qu a re Fe et ( RS F ): 174,780
Renta b l e Sq u a re Feet ( RSF ) : 157,887
Date Ac qu i re d: 04/29/2019
D a te A c q u i red : 02/01/2019
Strategy
Str a t e g y
Speculative Class A industrial development located in one of the most sought-after industrial markets
Speculative Class A development with access to Houston’s major thoroughfares, as well as proximity to the
in the United States, the Inland Empire.
North submarket’s large and diverse tenant base.
S tat u s
Status
Full building lease with national credit tenant executed. Stream received unsolicited offer and sold building in
The building was fully leased at delivery and sold in April 2022.
June 2021 to an institutional buyer.
Apr ‘19
Jan ‘20
Sept ‘20
Sept ‘21
Apr ‘22
Feb ‘19
Jul ‘19
Feb ‘20
Jun ‘21
Land Acquisition
Entitlements Complete
Permitting Complete
Construction Complete
Sold
Land Closing
Construction Commencement
Substantial Completion
Sold
STREAM CASE STUDIES
Midway Logistics
Empire West
Lo c a t i o n : East Fort Worth, Texas
Location: Houston, Texas
Pro p e r t y Ty p e : Industrial
Proper t y Type: Industrial
R e n t a b l e S q u a re Fe et ( RS F ) : 491,218
R entable Square Feet (RSF ): 3,355,371
D a t e A c q u i re d : 07/30/20
D ate Acquired: 11/20/2019
Str a t e g y
Strategy
Off-market acquisition of land six miles East of Downtown Fort Worth in the middle of strong labor
Approximately 300-acre Class A industrial development with 5,000 feet of Interstate 10 frontage in
demographics and a diverse corporate tenant base.
one of the fastest growing submarkets in Houston.
St a t u s
Status
Delivered in October 2021. 100% leased as of August 2022.
All three buildings in Phase I have been sold or fully leased. Phase II is delivered and is 99% leased.
Feb ‘19
Jul ‘20
Sept ‘20
Oct ‘21
Mar ‘22
Nov ‘19
May ‘21
Executed PSA
Land Closing
Construction Commencement
Substantial Completion
Asset Stabilization
Land Closing
Phase I Fully Leased
Sept ‘21
Jul ‘22
Phase II Phase II Construction Start Construction Completion
Apr ‘23
Jul ‘23
Asset Stabilization
Refinanced to Fixed Rate
(4 0 6) - 9 9 5 -2 4 0 4
(4 6 9) -2 6 9 - 9 9 9 1
O U T L A W . R E A LT Y
S T R E A M R E A LT Y. C O M
S C A N F O R M O R E I N F O R M AT I O N