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206-886-3986
Real Estate Company
526 W Shoup Ave Unit #Suite H, J, I, Twin Falls, ID 83301
Courtesy of Westerra Real Estate Group. Main: 208-733-7653
- $660,000
- 8,881
- SqFt
- List Price
- $660,000
- Status
- ACTIVE
- MLS#
- 99005794
- Year Built
- 1982
- Living Area
- 8,881
- Lot Size
- 8,712
- Acres
- 0.20
- Building Name
- Dr.'s Welch, Allan & Associates
Property Description
Fully leased medical/professional office investment offered at $660,000 in Twin Falls, Idaho. Located at 526 Shoup Avenue West, Suites H, I & J, this approx. 8,525 SF property spans two parcels and pairs existing income with future leasing flexibility. At approx. $77.41/SF, the offering features $84,000 in annual base rent under the current NNN lease and an OM-reported 12.73% cap rate. Occupied by River View Eye Specialists through April 30, 2027, the lease includes a guarantor and prorated tenant reimbursements for taxes, insurance, and CAM. The layout includes 13 offices, seven clinic rooms, two waiting rooms, reception, kitchen, multiple restrooms, additional workspace, and basement storage. Approx. 14 adjoining parking spaces plus shared complex parking support patient, client, and employee access. Future separate leasing of Suites H & I and Suite J offers upside: the OM projects combined annual base rent of approx. $92,610, an $8,610 increase, subject to market conditions, leasing costs, and occupancy.
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Additional Information
- Exterior Features
- Paved Outside Area
- Air Conditioning
- Central Air
- Exterior Construction
- Stone
- Roof
- Flat
- Parking Features
- 11 - 20 Spaces
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