245 Thain Rd 3,072 SF Retail Building Lewiston, ID 83501 $1,095,000 ($356.45/SF) 5.75% Cap Rate

Introducing an exceptional investment opportunity at 245 Thain Road in Lewiston, Idaho. This 3,072 SF freestanding building presents an ideal single-tenant NNN leased opportunity. The property is 100% leased to the esteemed Jackman Tire, (formerly American Tire), with a new, 15-year lease which began December 1, 2024. The lease includes a 6% rent escalation at Year 4, followed by 2% annual escalations thereafter. Boasting recent property enhancements such as fresh asphalt, paint, and interior upgrades, this property is set to provide an excellent return on investment. With high visibility to over 18,231 vehicles daily on Thain Road, this is a well-positioned property in the Lewiston market.
Excellent single tenant, NNN leased investment opportunity.
100% leased to long-term, stable tenant with a new, 15-year lease as of 12/1/24.
6% rent escalation at Year 4, then 2% annual escalations thereafter.
Currently owner-occupied, with recent property improvements including new asphalt, paint, and interior upgrades.
Tenant is Jackman Tire (formerly American Tire) a proven area tire and automotive service company with plans to expand.
Prominent location on Lewiston’s primary retailer, services, and commuting arterial — Thain Road — visible to over 18,231 vehicles per day.
Surrounded by popular area restaurants and services including Arby’s, Chevron, Rosauers, Potlatch Federal Credit Union, Mike’s Mechanical, and more.