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22963010
22963012

3 Locations

KG
ID 8261576
CBRE - Boise
CBRE - Boise
TR
SP22042
CBRE - Boise
Listed by CBRE - Boise
$3,500,000
413 days on market
Updated 22 days ago

Value-Add Opportunity w/ In-Place Cash Flow | Twin Falls, ID

Details
APN RPT0001134001A; RPT0001134011A
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 43,288
Cap Rate 8.00%
Tenancy Multi
Lease Type NNN
Buildings 1
Stories 1
Acreage 1.150
Investment Type Core+
Ceiling Height 26
Dock High Doors 1
Ownership Fee Simple

Rare income-producing property in the thriving Twin Falls market

Marketing description

CBRE, Inc. is pleased to present an exceptional opportunity to acquire a rare income-producing property in the thriving Twin Falls market. This exclusive offering features a 43,288 square foot industrial building situated on approximately 1.15 acres of land, providing substantial potential for both immediate use and future expansion or redevelopment. Located at 302-343 3rd Ave. S., this property offers prime visibility and accessibility in a high-traffic area, just minutes from major transportation routes including I-84, and the Eastern Idaho Railroad (EIRR).

Investment highlights

Unlock Your Business Potential: Value-Add opportunity with in-place cash flow. Located in the heart of the Twin Falls Urban Renewal District providing long term upside and future development potential.

Strategically positioned, this ideally located industrial building boasts a 26-foot building height with a 17’-22’ clear height and six roll up doors, making it ideally suited for various industrial operations. The large open warehouse space provides flexibility for multiple uses such as manufacturing, warehousing, and distribution, catering to diverse operational needs.

This investment opportunity is strategically positioned within the Twin Falls Urban Renewal District, offering owner-users a distinct advantage through its prime location, robust infrastructure, and versatile zoning, all poised to support significant growth and operational efficiency. While currently income-generating, providing immediate revenue, the true value-add potential lies in the opportunity to lease up vacant spaces, which will substantially increase cash flow and maximize returns. This unique combination allows owner-users the flexibility to customize the site to their specific requirements while benefiting from existing income and leveraging the district’s growth-oriented environment.

The property offers convenient access to major transportation routes including ±6 miles to I-84, ±6 miles to Highway 93 and less than 2 hours to I-80 and I-15.

  • Open warehouse space provides for a variety of users.

  • Established industrial area near downtown/old town.

  • Income from MTM tenants offers maximum flexibility.

  • Clear height 17' - 22'

  • 6 rollup doors and 1 dock door

Listing Contacts

KG
ID 8261576
CBRE - Boise
CBRE - Boise
TR
SP22042
CBRE - Boise
Listed by CBRE - Boise

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Additional Information

Name
Kurt Gregg
License
8261576
Brokerage
CBRE
Name
Montana Carranza
License
3671379
Brokerage
CBRE
Brokerage Phone
2086448000
Title
Real Estate Associate
Brokerage Address
877 W Main St, Ste 600
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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