5912 Cleveland Blvd - Specialty FOR SALE


Caldwell, ID 83607
$7,250,000 USD
513-300-0763
5912 Cleveland Blvd, Caldwell, ID for Sale
$7,250,000 USD
Specialty - FOR SALE
1/2
null | 6.5% Cap Rate

5912 Cleveland Blvd
Caldwell, ID 83607


HIGHLIGHTS

  • Cobblestone Auto Spa Corporate Guarantee
  • Bonus Depreciation Opportunity
  • Growing Industry
  • Dense Retail Corridor

OVERVIEW

Bang Realty and Marcus and Millichap are pleased to present the exclusive listing for a Cobblestone Auto Spa located at 5912 Cleveland Blvd, Caldwell, ID 83607. The site consists of roughly 6,768 rentable square feet of building space on an estimated 1.6-acre parcel of land. This Cobblestone Auto Spa is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $471,250 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$1,071 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cobblestone Auto Spa

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

3246200000

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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

Brian BrockmanBang RealtyMore Info
513-300-0763

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