1011-1041 E Main St | Burley, ID 83318
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1011-1041 E Main St
Burley, ID 83318
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully leased multi-tenant office/retail property, primarily occupied by Lookout Credit Union (see Rent Roll for full tenant list).
- Close proximity to the area’s most frequented retail corridors and excellent visibility on major traffic corridors.
- Strong, established primary tenant — Lookout Credit Union is a leader in banking, with locations across Southeastern Idaho.
- Prominently positioned near the Burley Municipal Airport and Cassia Regional Hospital.
- New, long-term lease to commence with current owner, Lookout Credit Union, upon closing, for 15 years with 2, 5-year renewal options and 2% annual inc
- Hard-to-come-by cap rate on a stable and well-maintained property.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,353 SF
Building Class
C
Year Built
1990
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.18 AC
Zoning
C2 - General Business
Parking
30 Spaces (6.89 Spaces per 1,000 SF Leased)
Frontage
150’ on Main St
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | RPBBN01001008B | Improvements Assessment | $261,571 |
| Land Assessment | $40,040 | Total Assessment | $301,611 |
PROPERTY TAXES
Parcel Number
RPBBN01001008B
Land Assessment
$40,040
Improvements Assessment
$261,571
Total Assessment
$301,611
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