594 Star RdStar, ID 83669

Property Details for 594 Star Rd

Lot size

1.07 AC

Property size (Sq ft)

9,250 SF

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

Exceptional investment opportunity in Star, Idaho, featuring a newly constructed, 9,250 square foot building situated on a 1.07-acre lot. This property boasts a 6.00% capitalization rate and is currently occupied by a tenant under a 10-year triple net (NNN) lease, providing immediate and consistent cash flow. The tenant, The Valley Learning Center, took possession in August 2023. The building is fully sprinklered and includes a fenced yard and paved parking. Its convenient location is within walking distance of Star Elementary School, making it an attractive and accessible property. The asking price is $3,700,000. This is a rare opportunity to acquire a high-quality, income-producing asset in a desirable location with a strong tenant and long-term lease in place. The building's size is 9,250 square feet, offering significant potential for future appreciation. This property is ideal for investors seeking a stable, long-term investment with a strong return. The property is located at 594 N Star Road, Star, ID 83669.

Location Insight

City

Star

County

Ada

State

Idaho

Latitude

43.6973

Longitude

-116.493

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