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Browse More Listings in Industrial For Sale, Garden City, ID or Idaho

Industrial Property For Sale

106-108 W 39th Street

106-108 W 39th Street, Garden City, ID 83714

Price:
$750,000
Building Size:
6,000 SF
Price/SF:
$125
Property Type:
Industrial
Property Sub-type:
Flex Space
Property Use Type:
Net Lease Investment with 2 years left on lease
Tenancy:
Single
Lot Size:
30,000 SF
Find Out More...

Last Verified 11/4/2009 Listing ID 16458217

Description

BUILDING SIZE
106 E 39th Street
+/- 5,360 SF Warehouse
+/- 640 SF Office

108 E 39th Street
+/- 6,900 SF Warehouse
+/- 600 SF Office

PROPERTY SIZE
0.69 Acres (30,000 SF)

BOTH BUILDINGS ARE AVAILABLE FOR $750,000

FINANCIALS
Income $72,900
Less Vacancy $3,645
Effective Gross Income $69,255

Operating Expenses
Management $3,400
Real Estate Taxes $4,125
Insurance $1,200
R & M $2,100
Total Operating Expenses $10,825

Net Operating Income $58,430

NOI / Overall Rate =Value
$58,430 / $.08 =$730,000

Sales Comparison Approach $800,000
Income Capitalization Approach $730,000
Estimated Market Value: $775,000

Current Tenant has been under lease 20 years and recently signed a one year extension.

COMMENTS
16 off site parking spaces
Zoned C-2, Area Business District
Built in 1969

Map of 106-108 W 39th Street, Garden City, ID 83714 (Ada County)

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Presented by

Arthur Berry & Co

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Contact Listing Broker

Art Berry (208) 336-8000

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Created 11/4/2009

Additional Information for 106 W 39th Street, Garden City, ID 83714

Active For Sale - 3 Listings
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 106-108 W 39th Street, Garden City, ID 83714

Nearby Retail properties for saleSearch all commercial real estate for sale

111 East 39th Street
$1,400,000
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214 W. 37th St
Price Not Disclosed
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3880 W Chinden Blvd
$750,000
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Industrial Investment Property
$750,000
13,500 SF

Nearby Industrial properties for leaseSearch all commercial real estate for lease

33rd-Woodall Warehouse
$0.40/SF/Month
3,880 SF
200-210 E. 37th Street
$0.58 - $0.58/SF/Month
800 - 1,943 SF
41st Street Offices
$0.50 - $20.83/SF/Month
215 - 2,088 SF
FORMER VERITAS
$0/SF/Year
Fully Leased
111 33rd Street
$0.45/SF/Month
4,000 - 9,700 SF

Nearby Recently Sold Industrial propertiesSearch all recently sold commercial real estate

Flex Space
Sold 4Q 2005
Flex Space
Sold 4Q 2005

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Industrial Property For Sale -

106-108 W 39th Street, Garden City, ID, 83714