Skip To Content

    1680 Elk Creek Drive

    Idaho Falls, ID 83404
    • $2,995,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: 2135435
    UPDATED: 77 min ago
    $2,995,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,554
      SQFT
    • $284
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2017
    County:
    Area:

    School Ratings & Info

    Description

    Offered to market at a 6 CAP is the largest office building in the Kensington park subdivision with NNN Leases. This fully bricked office building boasts all stain grade finishes, solid core doors, and grand receptions for both main tenant spaces. The basement offers extra leased office space with a separate entrance. The building is fully leased with recent renewals on solid leases from both tenants. The building has excellent cash flow history and would a be a great investment property. Recent construction means minimal maintenance and overhead for operation. The office building is located just off the busiest intersection in the region and located in the Title, Real Estate, and medical epicenter of Idaho Falls. Contact the listing agent for Due Diligence materials. Please do not disturb the tenants and call listing agent to arrange an after hours showing.

    Monthly Payment Calculator

    © 2021 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-04-11T23:23:07.32.
    www.myteamone.com/homes/115728862
    Print Image

    1680 Elk Creek Drive Idaho Falls, ID 83404

    • Price: $2,995,000
    • Status: Active
    • Updated: 77 min ago
    • MLS #: 2135435
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,554
    SQFT
    $284
    $/SQFT
    2017
    Built
    Neighborhood:
    Kensington Park-Bon
    County:
    Bonneville
    Area:
    Idaho Falls
    Property Description
    Offered to market at a 6 CAP is the largest office building in the Kensington park subdivision with NNN Leases. This fully bricked office building boasts all stain grade finishes, solid core doors, and grand receptions for both main tenant spaces. The basement offers extra leased office space with a separate entrance. The building is fully leased with recent renewals on solid leases from both tenants. The building has excellent cash flow history and would a be a great investment property. Recent construction means minimal maintenance and overhead for operation. The office building is located just off the busiest intersection in the region and located in the Title, Real Estate, and medical epicenter of Idaho Falls. Contact the listing agent for Due Diligence materials. Please do not disturb the tenants and call listing agent to arrange an after hours showing.
    Exterior Features

    Construction And Status BrickFrame Exterior Primary Brick Foundation Concrete Perimeter Landscaping Concrete CurbingSprinkler System Full Location High Traffic Overhead Doors No Parking Parking LotOff StreetOn Street Roof Architectural Topography Setting Corner Lot

    Interior Features

    Air Conditioning Central Basement PartialExterior Entrance Basement Percent Finished 100 Heat Source And Type GasForced Air Offices 2 Restrooms 5 Sq Ft Above Grade 9003 Sq Ft Below Grade 1551

    Property Features

    Association Fee Includes Common AreaIrrigation System Cap Rate 6.00 Covenants Yes Current Use Office Distressed Property Not Applicable Exclusions Tenant's Property Extras RestroomsHigh Traffic LocationNetwork WiringSecurity SystemFiber Optics Flood Plain N Handicap Access Yes Net Operating Income 181218.30 Owner Pays None Prior Use Office Property Type Real Estate Only Provider Other Info Idaho Falls Power Sep Utilities Yes Sewer Public Sewer Tax Year 2020 Taxes 19306.00 Tenant Pays Janitorial ServiceTrash CollectionCommons Area MaintenanceGrounds CareWaterGasTaxesElectricitySewerInsuranceSnow Removal Terms Conventional1031 Exchange Water Public Zoning General If Commercial Zoning Specific Idaho Falls-Pb-Profess Busines

    Listing provided courtesy of Homesmart Premier Realty.
    © 2021 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-04-11T23:23:07.32.
     
    https://bt-photos.global.ssl.fastly.net/snakeriver/orig_boomver_1_2135435-2.jpg https://bt-photos.global.ssl.fastly.net/snakeriver/orig_boomver_1_2135435-2.jpg https://bt-photos.global.ssl.fastly.net/snakeriver/orig_boomver_1_2135435-2.jpg
    Logo
    Team One Group Real Estate
    1303 12th Avenue South
    Nampa ID, 83651