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2238 Saratoga Dr 6,700 SF 100% Leased Office Building Idaho Falls, ID 83404 $1,692,186 ($252.57/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Ideal Medical location
- Surrounding by Medical Office and Prime Retail
- Located in the heart of the Idaho Falls Professional Office corridor
EXECUTIVE SUMMARY
Newly constructed Class A office building conveniently located
just off Sunnyside between Washington Parkway and Hitt Road,
on Saratoga Drive. This building consists of approximately 6000
SF of office space consisting of 3 separate suites with private
entrances. The property offers a monument marque for tenant
signage and has abundant onsite parking. Its convenient location
makes it ideal for office users needing to be close to other ancillary
services, eateries and retail shops, or medical users needing to be
close to EIRMC.
just off Sunnyside between Washington Parkway and Hitt Road,
on Saratoga Drive. This building consists of approximately 6000
SF of office space consisting of 3 separate suites with private
entrances. The property offers a monument marque for tenant
signage and has abundant onsite parking. Its convenient location
makes it ideal for office users needing to be close to other ancillary
services, eateries and retail shops, or medical users needing to be
close to EIRMC.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Office
Building Size
6,700 SF
Building Class
A
Year Built
2014
Price
$1,692,186
Price Per SF
$252.57
Cap Rate
7%
NOI
$118,453
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,700 SF
Building FAR
0.21
Lot Size
0.73 AC
Zoning
R3A
Parking
31 Spaces (4.63 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | RPA4137006027O | Improvements Assessment | $983,213 |
| Land Assessment | $190,531 | Total Assessment | $1,173,744 |
PROPERTY TAXES
Parcel Number
RPA4137006027O
Land Assessment
$190,531
Improvements Assessment
$983,213
Total Assessment
$1,173,744
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2238 Saratoga Dr
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