371 Chubbuck Rd Chubbuck, ID 83202
High-yield, NNN leased medical office
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Brand new, Class A medical office building.
- Two creditworthy tenants under long-term, triple-net (NNN) leases with corporate guarantees.
- Recession-resistant tenants, Idaho Orthodontics and Chubbuck Kidz Dental, with substantial investments in building improvements.
- 9,005 square feet, 100% occupied, offering a secure, passive investment.
- $4,500,000 asking price with a 5.70% cap rate and 9 years remaining lease term; 1031 exchange eligible.
Property Details for 371 Chubbuck Rd
- Property type
- Office properties, Medical offices
- Square Feet
- 9,005 SF
- Class
- A
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 37,374 SF
- Units
- 2
Location Insight
- City
- Chubbuck
- County
- Bannock
- State
- Idaho
- Latitude
- 42.92041618629
- Longitude
- -112.45952011914
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield, NNN leased medical office
- Where is the office property located?
- The property is located at 371 Chubbuck Rd Chubbuck, ID.
- What is the asking price?
- The asking price for this property is $4,500,000.
- What are key features of this property?
- This property features: Brand new, Class A medical office building.; Two creditworthy tenants under long-term, triple-net (NNN) leases with corporate guarantees.; Recession-resistant tenants, Idaho Orthodontics and Chubbuck Kidz Dental, with substantial investments in building improvements.
- How can I contact the broker?
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