$4,842,450

245 Poplar Stret

Blackfoot ID, 83321

Description

Built in 2017, fully leased to two medical tenants with NNN leases. The building is located on a parcel of land owned by Bingham County and has been pre-paid for 99 years. The advance payment results in the land functioning similar to a fee simple ownership position with the advantage of the underlying land still being owned by the County, meaning it is not taxed. NOI: $242,123 5% cap rate. Call David McDonald 208-720-2000 for more information. Do not disturb tenants.

Details

MLS#98789648
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year2017
Days On Site26

Features

SQ Feet11,028
Story(s)1
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Area Information
StateID
CountyBingham
CityBlackfoot
Zip Code83321
AreaOut of Area - 2000
Listing VS Median (in 83321)
Price:
$4,842,450
low | high
Med:
$2,546,175
97.419694576093% of Average
SqFt:
11,028
low | high
Med:
7,286
83.931809938339% of Average
$ / SqFt:
$439
low | high
Med:
$255
91.970765176397% of Average
On Site:
26
low | high
Med:
190
13.684210526316% of Average
Listing Updated: January 17, 2021 8:01:24 PM PST
David McDonald LogoMLS Number: 98789648
Listing Provided By:
David McDonald  of  Idaho Commercial Brokerage

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