3015 25ThAmmon, ID 83406
High-Yield Shopping Center Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Teton Spectrum Center, a 33,802 SF Class A shopping center in Ammon, ID (83406), offers a compelling investment opportunity.
- Located at 3015 S 25th E, this single-story center sits on a 4.21-acre lot and boasts 100% occupancy with seven tenants, including Sportman's Warehouse and TJ Maxx (Kohl's not included).
- Built in 2007, the property features a modern design and high visibility on a major retail thoroughfare with over 42,000 vehicles daily.
- The property offers a 6.85% cap rate and a $681,089 NOI, with an asking price of $9,950,000 ($294.36/SF). Leases include rent bumps and are structured as triple-net (NNN).
- The center benefits from its location near major schools, Grand Teton Mall, and numerous amenities, ensuring strong foot traffic.
Property Details for 3015 25Th
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 33,802 SF
- Class
- A
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 183,388 SF
- Units
- 7
Location Insight
- City
- Ammon
- County
- Bonneville
- State
- Idaho
- Latitude
- 43.47004297146
- Longitude
- -111.98274796067
Nearby Similar for Sale
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