Sherwin-Williams Investment Sale, Price $1,980,000, Cap Rate 5.5
1631 Locust St N
Twin Falls, Idaho 83301
Investment Sale
Newly Constructed Sherwin-Williams |
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NOI $108,849.96 - 5.50 Cap - 10 year term
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Property Features:
Sherwin-Williams provides the opportunity for an investor to acquire a newly constructed building while achieving stable cash-flow backed by a new 10-year NN corporate lease with multiple renewal options
The subject property is part of a new redevelopment project and is well positioned within the main retail corridor in downtown Twin Falls
Surrounded by various schools, retailers, restaurants, financial institutions, multi-family housing & other professional services including the Magic Valley Mall, Home Depot & Costco
Strong surrounding demographics - 3 Mile Pop. 43,014 - 3 Mile H.H. Income $60,417
Please Download, Execute & Return Confidentiality Agreement To
Receive Offering Memorandum
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Listing Features |
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Sale Price
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$1,980,000
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Cap Rate |
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5.50% |
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Current NOI |
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$108,849.96 |
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Building Size |
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4,000 SF |
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Lot Size |
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0.776 Acres |
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PARCEL # |
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RPT32380010030 |
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NN LEASE TERMS |
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10 Year initial term with 3
5 year renewal options |
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OPENING |
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February 2019
Construction Underway |
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paccra.com |
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The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield's (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
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