3260 E Seltice Way - Car Washes FOR SALE


Post Falls, ID 83854
$750,000 USD
208-651-9699
3260 E Seltice Way, Post Falls, ID for Sale
$750,000 USD
Car Washes - FOR SALE
1/10
null | 5.2% Cap Rate

3260 E Seltice Way
Post Falls, ID 83854


HIGHLIGHTS

  • Strong National Tenant
  • High Traffic Visibility
  • Near I-90 and Hwy 41 Interchange

OVERVIEW

Cash flow on cruise control - turn-key, passive income with strong national tenant and long term lease in a prime Post Falls Opportunity Zone location. Potential long term tax incentives. Enterprise rent-a-car has just signed a 5-year lease, with four 5-year renewal options. This well-maintained asset was previously operating as a car wash. The automatic wash bay is being renovated into 576 SF of office space. A second building houses a 1,725 SF self-serve standard rack of 4 bay cat pumps with hot water, a champion air compressor and a boiler for floor heat. Long-term stability with a modified gross lease through August, 2030. Exceptional income potential with current rent at $3,250/month showing a 5.2% CAP. Offered at a price aligned with strong returns and long-term growth potential.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$772 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

PF Industrial

APN/PARCEL ID

P83250030010

ASK ABOUT THIS PROPERTY

Rick ScharfKeller Williams Realty Coeur d'AleneMore Info
208-651-9699

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Rick ScharfKeller Williams Realty Coeur d'AleneMore Info
208-651-9699

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