1210 Pier View Dr | Idaho Falls, ID 83402
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1210 Pier View Dr
Idaho Falls, ID 83402
Potandon Potato · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term (15-year) absolute triple net lease with 2.00% annual escalations
- Operationally focused ownership group is a mixture of management and grower partners all providing product and service to the company
- Well-known customer base including Wal-Mart, Costco, Meijer, Kroger, and many others
- Potandon Produce (the tenant) is the largest fresh potato shipper in the United States, shipping nearly 1 billion pounds of Potatoes in 2021
- Potandon has a long-term 27-year operating history and profitability track record
- No customer concentration with no customer representing more than 10% of the company’s revenue
PROPERTY FACTS
Property Type
Office
Building Size
32,350 SF
Building Class
B
Year Built
2008
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
16,175 SF
Slab To Slab
12’
Building FAR
0.21
Lot Size
3.48 AC
Zoning
R-2 - high-density residential development
Parking
160 Spaces (5.62 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | RPA5911003002O | Improvements Assessment | $5,557,792 |
| Land Assessment | $1,135,609 | Total Assessment | $6,693,401 |
PROPERTY TAXES
Parcel Number
RPA5911003002O
Land Assessment
$1,135,609
Improvements Assessment
$5,557,792
Total Assessment
$6,693,401
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