275 S 5th Ave | Pocatello, ID 83201
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- LoopNet Team
275 S 5th Ave
Pocatello, ID 83201
Omni Business Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN leased professional, multi-tenant office 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 Idaho State University.
- New, long-term lease to commence with current owner, LCU, upon closing, for 15 years with 2, 5 year renewal options & 2% annual increases.
- Hard-to-come-by cap rate on a stable and well-maintained property.
PROPERTY FACTS
Property Type
Office
Building Size
53,749 SF
Building Class
B
Year Built
1990
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
26,875 SF
Building FAR
0.60
Lot Size
2.07 AC
Zoning
CG/OTA - General Commercial
Parking
143 Spaces (2.66 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Fitness Center
- Signage
PROPERTY TAXES
| Parcel Number | RPPOC186400 | Improvements Assessment | $3,531,134 |
| Land Assessment | $620,100 | Total Assessment | $4,151,234 |
PROPERTY TAXES
Parcel Number
RPPOC186400
Land Assessment
$620,100
Improvements Assessment
$3,531,134
Total Assessment
$4,151,234
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