51 N Union St - Retail FOR SALE


Star, ID 83669
$3,213,000 USD
208-629-6003
51 N Union St, Star, ID for Sale
$3,213,000 USD
Retail - FOR SALE
1/9
null | 6% Cap Rate

51 N Union St
Star, ID 83669


HIGHLIGHTS

  • New 10-year leases, New construction — 2024
  • Minimal landlord responsibilities, functions as a single tenant property with common ownership with a single point of contact for lease administration
  • Strong brand recognition
  • High exposure and easy access, Primary East/West corridor through the trade area
  • Predicted 3-year growth rate of 45% in Star, Idaho
  • Rent roll available upon completion of confidentiality agreement

OVERVIEW

Prime location on Hwy 44 and N. Union Street in Star, Idaho, with high exposure and easy access as a primary East/West corridor through the city. This two Tenant, NNN Lease investment has a predicted 3-year growth rate of 45%. New construction (2024) and 10-year leases with minimal landlord responsibilities.

FOR SALE DETAILS

PRICE

$3,213,000 USD

PRICE/SF

$815 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two Tenant NNN Lease Investment Sale Offering

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,015 SF

ZONING

R-4

APN/PARCEL ID

R8108000236

ASK ABOUT THIS PROPERTY

Mike ErkmannNAI SelectMore Info
208-629-6003

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

Mike ErkmannNAI SelectMore Info
208-629-6003

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