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    687 Blue Lakes Boulevard North

    Twin Falls, ID 83303
    • $1,256,153
    • STATUS: Active
    • ON SITE: 36 days
    • MLS #: 98785215
    UPDATED: 47 min ago
    $1,256,153
    • 0
      BEDS
    • 0.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,200
      SQFT
    • $571
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2017
    County:

    School Ratings & Info

    Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.

    Description

    SALE PRICE: $1,256,153 CAP RATE NOI: 6.5% - $83,600 BUILDING LOT: 2,200 SF on 0.667 Acres LEASE TERMS: 7 Years Remaining in Primary Term 10% Rent Increases Every 5 Years Lease Expiration 2027 Corporate Lease - Chipotle Mexican Grill, LLC Chipotle No Longer Operating PARCEL # - YEAR BUILT: PRPT53440010010A 2017

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    © 2020 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Story Real Estate | KW Palouse are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2020-12-02T00:10:38.43.
    www.storyrealestatemoscow.com/homes/111361249
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    687 Blue Lakes Boulevard North Twin Falls, ID 83303

    • Price: $1,256,153
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 98785215
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.67
    Acres
    2,200
    SQFT
    $571
    $/SQFT
    2017
    Built
    Neighborhood:
    Twin Falls - 2015
    County:
    Twin Falls
    Area:
    Twin Falls - 2015
    Property Description
    SALE PRICE: $1,256,153 CAP RATE NOI: 6.5% - $83,600 BUILDING LOT: 2,200 SF on 0.667 Acres LEASE TERMS: 7 Years Remaining in Primary Term 10% Rent Increases Every 5 Years Lease Expiration 2027 Corporate Lease - Chipotle Mexican Grill, LLC Chipotle No Longer Operating PARCEL # - YEAR BUILT: PRPT53440010010A 2017
    Exterior Features

    Construction FrameOtherStucco Fenced None Land Size 1/2 - .99 Acre Roof Flat

    Interior Features

    Cooling Central Air Floor Construction Concrete Heating Forced AirGas Structure Handicap AccessLawn SprinklersPaved Outside AreaPaved StreetGas/PropaneLighting

    Property Features

    Age 1 - 5 Years Anchor Tenant1 Chipotle Cap Rate Percent 6.5 Commercial Type Retail Cross Street Caswell Avenue Docs On File LeaseOther Existing Yes Gas Available YN Yes Highlight1 Cap Rate €€Œ Noi: 6.5% - $83600 Highlight2 Building €€Œ Lot: 2200 Sf On 0.667 A In Foreclosure YN No Income Expense Info Actual Lease Type Nnn Net Lease Investment Yes Net Operating Income 83600 Occupancy Percent 100 Potential Short Sale YN No Price Rate Type Price Prop On Ground Lease YN No Property Name Twin Falls Net Leased Investment - 6.5% Cap Property To Be Auctioned No Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Suitable For Retail Restaurant/BarAnchorFree Standing Building Tenancy Single Terms Consider All Under Const Proposed No Vac Suited For Owner User No Water City Service Zoning C-1

    Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.


    © 2020 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Story Real Estate | KW Palouse are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2020-12-02T00:10:38.43.
     
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    Story Real Estate | KW Palouse
    175 S Main Street
    Moscow ID, 83843
    Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.