3402 Franklin Rd, Caldwell, ID 83605

47,626 SF | Office Building | Caldwell, ID 83605 | $6,675,000 ($140/SF) | 7.38% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $6,675,000

Property Type
Office
Square Feet
47,626 SF
Price / Square Foot
$140

Listing Contacts

Shawn Barton
Shawn Barton
Verified Profile
  • Property Info

Property Overview

Introducing 3402 Franklin Road, a lucrative investment opportunity in Caldwell, Idaho! This fully leased office building boasts a strong 7.376% CAP rate, generating $709,627 in annual gross rent with fixed operating costs. The property features a 47,626 square foot building on 5.73 acres, strategically located at the intersection of Franklin Road and Interstate 84. Serving as a cornerstone to the Idaho State Department of Health and Welfare, a long-term tenant with a new lease extension, this property offers stability and growth potential. The Treasure Valley region is one of the fastest-growing in the country, positioning this asset for continued success. Don't miss the chance to own a prime commercial property with a reliable tenant in a high-demand area.
Contact Shawn Barton at 208-329-4610 for more details. Visit Shawn.KeytoIdaho.com for additional information. Secure your investment in 3402 Franklin Road today!

Property Details

Class
B
Year Built/Renovated
2001/2019
Stories
1
Property Subtype
Medical, Storefront Retail/Office
Lot Size (sq. ft)
249,599 SF

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