371 E Chubbuck Rd - Health Care FOR SALE


Chubbuck, ID 83202
$4,278,016 USD
208-867-0189
371 E Chubbuck Rd, Chubbuck, ID for Sale
$4,278,016 USD
Health Care - FOR SALE
1/1
null | 6% Cap Rate

371 E Chubbuck Rd
Chubbuck, ID 83202


HIGHLIGHTS

  • Brand New State of the Art Medical Office Building.
  • Strong, Credit Tenants, in the building for the long run.
  • Recession proof tenants that can weather the worst downturns.
  • Parent Company of Chubbuck Kidz Dental has over 70 locations spread across the country.
  • Idaho Orthodontics have 5 total locations across Eastern Idaho.
  • The built in infrastructure of improvements by the doctors makes it difficult for tenants ever to leave.

OVERVIEW

The property at 371 E. Chubbuck Road, Chubbuck, Idaho, is a newly constructed, state-of-the-art dental office building housing two high-quality, credit-worthy tenants: Idaho Orthodontics and Chubbuck Kidz Dental. Both tenants operate within the healthcare sector, specifically dentistry, providing essential and stable services to the surrounding community. The parent company of Chubbuck Kidz Dental, Lone Peak, is financially back by BlackRock which is the world's largest asset manager. Both tenants have entered into long-term leases, ensuring secure, predictable cash flow for investors. Additionally, triple-net leases transfer most property related expenses (taxes, insurance, maintenance) to the tenants, minimizing landlord responsibilities. This is brand-new construction, completed to the latest building standards, the modern facilities enhance tenant satisfaction, the patient experience and reduce maintenance requirements. In summary, 371 E. Chubbuck Road represents an exceptional opportunity for investors seeking a stable, low-risk asset with strong tenants, secure income, and minimal property management involvement. This modern healthcare property promises long-term, predictable returns and aligns well with demand for essential services in the Chubbuck/Pocatello area.

FOR SALE DETAILS

PRICE

$4,278,016 USD

PRICE/SF

$475 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two Tenant Medical Office Building

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

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Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.