683 Blue Lakes Boulevard

    Twin Falls, ID 83301
    • $2,058,000
    • STATUS: Active
    • ON SITE: 106 days
    • MLS #: 98720344
    UPDATED: 34 min ago
    $2,058,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,940
      SQFT
    • $700
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2019
    County:

    School Ratings & Info

    Listing Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.

    Description

    MOD Pizza - Blue Lakes provides the opportunity for an investor to acquire a newly constructed building while achieving stable cash-flow backed by a new 10-year corporate NNN lease with multiple renewal options. The subject property is part of a redevelopment project and is well positioned within the main retail corridor in downtown Twin Falls.

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    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than New View Team | Silvercreek Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-06-15T21:10:23.507.
    www.newviewboise.com/homes/92207802

    683 Blue Lakes Boulevard Twin Falls, ID 83301

    • Price: $2,058,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 98720344
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    2,940
    SQFT
    $700
    $/SQFT
    2019
    Built
    Neighborhood:
    Twin Falls - 2015
    County:
    Twin Falls
    Area:
    Twin Falls - 2015
    Property Description
    MOD Pizza - Blue Lakes provides the opportunity for an investor to acquire a newly constructed building while achieving stable cash-flow backed by a new 10-year corporate NNN lease with multiple renewal options. The subject property is part of a redevelopment project and is well positioned within the main retail corridor in downtown Twin Falls.
    Exterior Features

    Construction Other Fenced None Land Size 10000 Sf - .49 Acre Parking 11 - 20 Spaces Parking Spaces 15 Roof Flat

    Interior Features

    Cooling Central Air Heating Forced AirGas Spaces 1 Structure Handicap AccessLawn SprinklersPaved Outside AreaPaved StreetGas/PropaneLighting

    Property Features

    Age New - Never Occupied Anchor Tenant1 Mod Pizza Cap Rate Percent 5 Commercial Type Retail Corridor Yes Cross Street Caswell Avenue Docs On File LeaseOther Existing Yes Gas Available YN Yes Highlight1 Newly Constructed Building Highlight2 New 10-Year Corporate Nnn Leas Highlight3 2 - 5 Year Renewal Options Highlight4 Part Of A Redevelopment Project In Foreclosure YN No Investment Property Yes Lease Type Nnn Net Lease Investment Yes Occupancy Percent 100 Potential Short Sale YN No Price Rate Type Price Prop On Ground Lease YN No Property Name Mod Pizza - Single Tenant Nnn Leased Investment - 5 Cap - $2058000 Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Sublease YN No Suitable For Retail Restaurant/BarFree Standing Building Tenancy Single Terms Consider All Vac Suited For Owner User No Water City Service Years Lefton Lease 10



    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than New View Team | Silvercreek Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-06-15T21:10:23.507.
     
    New View Team | Silvercreek Realty Group
    1099 S Wells St. Ste. 200
    Meridian ID, 83642
    Listing Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.