228 Mcghee Rd Kootenai, ID 83840
Idaho Flex Space, Value-Add Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 219,380 SF Class A commercial property in Kootenai, ID, offering a value-add investment opportunity.
- Three-building Sandpoint Technology Center on a 12-acre lot, renovated in 2022. Features 120,000 SF of office and 97,540 SF of warehouse space.
- Main building includes a three-level atrium, 220-seat auditorium, and data center with colocation space. Warehouse has nine loading docks and five dock-high doors.
- 61% occupied with twelve tenants; $9,900,000 asking price, 16.24% pro-forma cap rate, $1,608,239 pro-forma NOI. Gross lease structure with rent bumps.
- 558 total parking spaces (358 on-site, 200 across the street). Convenient access to US Highway 95, Highways 200 & 2, and rail lines. Located in a rapidly growing area of North Idaho.
Property Details for 228 Mcghee Rd
- Property type
- Life science properties, Office properties
- Square Feet
- 219,380 SF
- Class
- A
- Year Built/Renovated
- 1990/2022
- Buildings
- 3
- Lot Size (sq. ft)
- 522,720 SF
Location Insight
- City
- Kootenai
- County
- bonner
- State
- Idaho
- Latitude
- 48.309919966284
- Longitude
- -116.52444263288
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Life science property - Idaho Flex Space, Value-Add Opportunity
- Where is the life science property located?
- The property is located at 228 Mcghee Rd Kootenai, ID.
- What is the asking price?
- The asking price for this property is $9,900,000.
- What are key features of this property?
- This property features: 219,380 SF Class A commercial property in Kootenai, ID, offering a value-add investment opportunity.; Three-building Sandpoint Technology Center on a 12-acre lot, renovated in 2022. Features 120,000 SF of office and 97,540 SF of warehouse space.; Main building includes a three-level atrium, 220-seat auditorium, and data center with colocation space. Warehouse has nine loading docks and five dock-high doors.
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