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CHIPOTLE STNL INVESTMENT 2310 E 17th St 2,500 SF Retail Building Idaho Falls, ID 83404 $4,336,843 ($1,734.74/SF) 4.75% Cap Rate
Investment Highlights
- Chipotle Absolute Net Investment Opportunity
- Zero Landlord Responsibilities
- 6-mi Drive to Idaho Falls Regional Airport
- 20-Year Lease w/ Increases + Options to Renew
- Located in Idaho Falls' Major Retail Corridor
- Call for more details!
Executive Summary
Newmark Mountain West is proud to present the opportunity to acquire a Single-Tenant opportunity in the Idaho Falls trade area. Subject property is a 2,450 square foot building anchored by Barnes & Nobles, DICK’S Sporting Goods and JCPenney. Located on an outparcel of the larger center and surrounded by many heavily trafficked retailers. Chipotle signed a 20-year lease with four (4) five-year options, primary term set to expire May 2046.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built/Renovated
1996/2026
Price
$4,336,843
Price Per SF
$1,734.74
Cap Rate
4.75%
NOI
$206,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.61 AC
Zoning
C-1 - Neighborhood Commercial
Parking
20 Spaces (7.41 Spaces per 1,000 SF Leased)
Frontage
266’ on E 17th St
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | RPA3057101003B | Improvements Assessment | $1,435,803 |
| Land Assessment | $303,084 | Total Assessment | $1,738,887 |
Property Taxes
Parcel Number
RPA3057101003B
Land Assessment
$303,084
Improvements Assessment
$1,435,803
Total Assessment
$1,738,887
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CHIPOTLE STNL INVESTMENT | 2310 E 17th St
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