480 N State St - Flex FOR SALE


Shelley, ID 83274
$5,250,000 USD
208-957-5623
480 N State St, Shelley, ID for Sale
$5,250,000 USD
Flex - FOR SALE
1/25
null | 6.52% 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.
  • Expansive industrial outdoor storage (IOS) - Ample yard space ideal for equipment, vehicle, or material storage.

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

$203 USD /SF

CAP RATE

6.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Idaho Mercantile Distillers

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2012

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.5

LAND SF

196,020

ZONING

C-2D

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 Notice.

Lance HendricksTOK CommercialMore Info
208-957-5623

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