371 E Chubbuck Rd - Medical FOR SALE


Chubbuck, ID 83202
$3,950,000 USD
208-867-0189
371 E Chubbuck Rd, Chubbuck, ID for Sale
$3,950,000 USD
Medical - FOR SALE
1/1
null | 6.58% Cap Rate

371 E Chubbuck Rd
Chubbuck, ID 83202


HIGHLIGHTS

  • BlackRock is investor behind Kidz Dental, the largest asset manager in the world.
  • New State of the Art Medical Office Building.
  • Idaho Orthodontics is owned by Specialty Dental Brands, they have 220 locations.
  • Both tenants spent a huge amount of money on their improvements making it difficult for them to ever leave
  • Chubbuck borders Pocatello ID
  • Strong Credit Tenants making this a secure long-term investment

OVERVIEW

BlackRock is the main investor behind Kidz Dental, the largest asset manager in the world. Idaho Orthodontics is owned by Specialty Dental Brands, they have 220 locations. Parent Company of Chubbuck Kidz Dental has over 75 locations spread across the country. This newly constructed, cutting-edge medical office building has two top-tier tenants, Idaho Orthodontics (Specialty Dental Brands), and Chubbuck Kidz Dental (BlackRock backed tenant), operating under long-term triple net leases, guaranteeing a stable cash flow for investors. This property promises secure income and minimal management responsibilities. Located in a high-demand submarket, the state-of-the-art facility offers recession-proof tenancy and essential healthcare services for the community. Idaho Orthodontics and Chubbuck Kidz Dental have invested significantly in their spaces, ensuring their long-term commitment to the property. The quality of the tenants, combined with the prime location and favorable lease terms, makes this property a rare find for savvy investors looking for a low-risk, high-reward asset in the thriving Chubbuck/Pocatello area. Don't miss out on this prime investment opportunity!

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$439 USD /SF

CAP RATE

6.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,006 SF

ZONING

-

APN/PARCEL ID

RCPSQ000801

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 Notice.