480 N State St - Freestanding FOR SALE


Shelley, ID 83274
$5,250,000 USD
208-957-5623
480 N State St, Shelley, ID for Sale
$5,250,000 USD
Freestanding - FOR SALE
1/24
null | 6.5% Cap Rate

480 N State St
Shelley, ID 83274


HIGHLIGHTS

  • Prime location - Excellent frontage and visibility along State Street in Bingham County, ensuring high traffic and easy accessibility.
  • Modern & Well-Maintained - Building improvements are in great condition, with a recent remodel in 2022, providing a contemporary and appealing space.
  • Absolute NNN Sale Leaseback - to a well known brand tenant, offering stable and reliable income.

OVERVIEW

Positioned on 4.5 acres with excellent frontage along State Street, the property benefits from modern renovations (2022) and proximity to I-15, Idaho Falls, and Blackfoot. Located in one of the fastest-growing industrial markets in the U.S., with low vacancy and rising lease rates, this investment combines location, stability, and long-term upside in a high-demand corridor.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Idaho Mercantile Distillers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,547 SF

ZONING

-

APN/PARCEL ID

RP2079801

ASK ABOUT THIS PROPERTY

Lance HendricksTOK CommercialMore Info
208-957-5623

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

Lance HendricksTOK CommercialMore Info
208-957-5623

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