Listed by Northmarq Capital, LLC
$4,500,000
FedEx Ship Center
Details
Property Type Retail, Industrial
Sub Type Distribution, Warehouse
Square Footage 17,873
Tenancy Single
Lease Type NN
Lease Term 15
Lease Expiration 10/31/2032
Remaining Term 5.5
Rent Bumps Yes
Lease Options 3, 5-Year Options
Year Built 2017
Buildings 1
Acreage 2.930
Zoning AP-Airport
Parking Spaces 82 spaces
Parking Per SqFt 4.59
Lease Commencement 11/01/2016
Ground Lease No
Ownership Leasehold
Airport Location | BTS | Passive Investment w/ 5% increase 11/2026
Marketing description
Northmarq Commercial, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale, the leasehold interest in the FedEx Ship Center located at 141 Joslin Way in Twin Falls, Idaho (the “Property”). A build-to-suit facility constructed in 2017, the Property encompasses 17,873 square feet on 2.93 acres at Magic Valley Regional Airport with direct access to the runway(s).
Investment highlights
- BEST-IN-CLASS, INVESTMENTGRADE CORPORATE LEASE
- RELOCATION FACILITY
- 2017 BUILT-TO-SUIT CONSTRUCTION
- IRREPLACEABLE AIRPORT LOCATION
- PASSIVE INVESTMENT OPPORTUNITY
- LEASEHOLD INTEREST OFFERS
- ACQUISITION DISCOUNT WITH100% DEPRECIATION
- INCREDIBLY TIGHT INDUSTRIAL MARKET
- STATE OF IDAHO GROWTH METRICS
Listing Contacts
Listed by Northmarq Capital, LLC
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