3803 N 3500 E - Auto Repair FOR SALE


Kimberly, ID 83341
$2,495,000 USD
208-947-0827
3803 N 3500 E, Kimberly, ID for Sale
$2,495,000 USD
Auto Repair - FOR SALE
1/7
null | 4.41% Cap Rate

3803 N 3500 E
Kimberly, ID 83341


HIGHLIGHTS

  • Located at NEC of 3800 N & 3500 in growing Kimberly, less than 10 minutes from Twin Falls
  • Predictable, passive income on long-term ground lease
  • New construction, premium modern finish prototypes Les Schwab ground lease with building construction completion date of April 1, 2025
  • Ideal corner lot with easy access, close to 10,000 VPD

OVERVIEW

Prime Ground Lease investment opportunity in Kimberly - a 10,375 SF retail building located at the NEC of 3800 N & 3500. This newly constructed, modern facility is part of a long-term ground lease with Les Schwab, offering investors predictable, passive income. With a completion date of April 1, 2025, this property presents an ideal opportunity for those seeking a retail/free-standing building investment. Rent has commenced. Perfect 1031 exchange passive income investment. Improvements revert to LL at lease expiration. Tenant has ROFR, with 20 day response timeframe.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

4.41%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Les Schwab Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.23 AC

LAND SF

97,136 SF

ZONING

-

APN/PARCEL ID

RP10S18E179020A

ASK ABOUT THIS PROPERTY

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208-947-0827

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Holly ChetwoodTOK CommercialMore Info
208-947-0827

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