925 17Th St, Idaho Falls, ID 83404

1,450 SF | Retail Building | Idaho Falls, ID 83404 | $2,173,913 ($1,499/SF) | 5.75% Cap Rate

Asking Price $2,173,913

Sale Condition: 1031 Exchange
Property Type: Retail
Square Feet: 1,450 SF
Price / Square Foot: $1,499

Listing Contacts

Lew Goldman

Verified Profile

Property Info

Property Overview

Introducing an exceptional investment opportunity in Idaho Falls - Take 5 Oil Change at 925 E 17th St, Idaho Falls, ID . This brand-new construction features a 20-year Absolute NNN lease, offering a hassle-free, long-term investment option. Enjoy a high-traffic location in a prime retail corridor, the property is set directly in front of Lowe’s and fronts 17th Street which is one of the busiest streets in the market.
This property provides a 20 year initial term, zero landlord responsibilities, brand new construction, and a hands-off, secure investment option. Benefit from a lease with 10% increases every 5 years, ensuring growth potential. Set to be completed in September 2024, this asset is leased to Take 5, a subsidiary of Driven Brands Inc., known for its national presence and industrial leading customer service.
Idaho Falls was awarded the prestigious recognition for the third time in four years as America’s Best-Performing Small City by the Milken Institute.
Don't miss this opportunity to acquire a generational real estate asset in a thriving market with excellent demographics and growth projections. Contact us for more details on this turnkey investment!

Property Details

Class: B
Year Built: 2024
Stories: 1
Property Subtype: Freestanding, Vehicle Related, Service, Storefront

Highlights

Zero Landlord Responsibilities.
Idaho Falls was awarded the prestigious recognition for the third time in four years as America’s Best-Performing Small City by the Milken Institute.
Brand New 2024 Construction.
Multi-Unit Operator throughout all of Idaho and parts of Washington & Oregon
Huge traffic counts, over 32,000 vehicles per day. Set directly in front of Lowe's and fronting 17th St.
GENERATIONAL REAL ESTATE

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