Property Listing No Longer Available for Sale

255 E. 50th S,, Malad City, ID

Retail for Sale - $942,330 - 8,000 Sq. Ft. on 0.85 acres


Property Info

CIMLS#215501
Location
  255 E. 50th S,
  Malad City ID
UpdatedDecember 3rd, 2011
TypeRetail
Price$942,330
Building8,000 Sq. Ft.
Land0.85 acres

Property Description

LEASE SUMMARY

Location Malad City, ID

Base Lease Expiry 6/30/2020

Extension Options 5 five- year options

Rent Bumps 10%/option

Base Rent $82,000

Price $942,530

Cap 8.70%

Sq Ft 8,000


Financials

* NEW CONSTRUCTION & 10-YEAR LEASE

* S&P RATED BBB- (INVESTMENT GRADE)

* MINIMAL LL RESPONSIBILITIES

* EXCELLENT 1031 REPLACEMENT

* 10% BUMPS EVERY 5-YEAR OPTION

* SECURE CREDIT LONG-TERM LEASE