412 W Center  Pocatello, Idaho

$1,100,000   •   16,000 sq. ft.   •   0.22 acres
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MLS #557998

Asking Price
$1,100,000
Status
ACTIVE
Location
West Pocatello
Type
Real Estate Only
Offices
20
Restrooms
7
Parking
45 spaces
Floor Area
16,000 sq ft
Acreage
0.22 acres
Days on Market
13 Days

 

Property Description

Long term tenants (Key Bank / Moffatt & Thomas) that have been at this location for many years. Great investment property listed around a 9% cap rate. An additional 2,000 square feet is available on the 3rd floor...which would increase the cap rate further. Tenants reimburse 65% of all repair costs. Plenty of parking with the shared agreement on two side of the property. GROSS RENT $173,258 minus EXPENSES $ 77,021 equals NOI $ 96,237.

Property Exclusions

Key Bank subleases additional square footage from the taller white building on Arthur not included.

 

Property Features

Improvements

# of Buildings:  1
# of Stories:  3
# of Offices:  20
# of Restrooms:  7
# of Parking Spaces:  45
Overhead Doors: 
# of Overhead Doors: 
Extras: 

Dimensions

Ceiling Height: 
Door Height: 
Above Grade Sq Ft:  12,000 sq ft
Below Grade Sq Ft:  4,000 sq ft
TOTAL Sq Ft:  16,000 sq ft

Construction

Year Built: 
Builder: 
Construction Status: 
Construction Style: 
Roof:  Membrane
Exterior–Finish: 
Exterior–Accent: 
Foundation: 
% Basement Finished: 

Utilities

Separate Utilities: 
Primary Heat Source:  Gas
Primary Heat Type:  Forced Air
A/C Type:  Central
Electric Type: 
Electricity Provided By: 
Average Electric: 
Avg Non-Electric Heat: 
Avg Water/Sewer/Gas: 

Use

Current Use: 
Prior Use: 
Possible Use: 

Lot

Acreage:  0.22 acres
Lot Dimensions: 
Location:  High Visibility, High Traffic
Topography/Setting: 
Landscaping: 
Domestic Water:  City/Public Water
Sewer Type:  City Sewer
Subdivision: 
Parcel: 
Zoning–City:  Commercial General
Zoning–County:  Com General

Rent

Monthly Rent:  $14,438.00
Rent Per Square Foot: 
Rent Per SQFT per Year:  $173,258.00
Owner Pays: 
Tenant Pays: 
Assoc Fee Includes: 

Financial

Property Tax:  $11,855.00
Real Property Tax: 
Personal Property Tax: 
Annual Insurance: 
Cap Rate:  $8.80
Other Expenses: 
Effective Age: 
Terms: 
Agent Owned?  No

 

Map

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Disclaimer

This IDX listing is provided courtesy of Keller Williams Realty East Idaho for personal, non-commercial use only. Information is deemed reliable but is not guaranteed to be accurate.