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3260 E Seltice Way 2,304 SF Specialty Building Offered at $750,000 at a 5.02% Cap Rate in Post Falls, ID 83854
Investment Highlights
- Strong National Tenant
- Near I-90 and Hwy 41 Interchange
- High Traffic Visibility
Executive Summary
Cash flow on cruise control - turn-key, passive income with strong national tenant and long term lease in a prime Post Falls Opportunity Zone location. Potential long term tax incentives. Enterprise rent-a-car has just signed a 5-year lease, with four 5-year renewal options. This well-maintained asset was previously operating as a car wash. Long-term stability with a modified gross lease through August, 2030. Exceptional income potential with current rent at $3,250/month showing a 5.2% CAP. Offered at a price aligned with strong returns and long-term growth potential.
Property Facts
| Price | $750,000 | Lot Size | 0.65 AC |
| Price Per SF | $325.52 | Building Size | 2,304 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.02% | Year Built | 1994 |
| Property Type | Specialty | Parking Ratio | 6.51/1,000 SF |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | PF Industrial - Zoned Industrial and located in Post Falls designated Opportunity Zone | ||
| Price | $750,000 |
| Price Per SF | $325.52 |
| Sale Type | Investment |
| Cap Rate | 5.02% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 2,304 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Parking Ratio | 6.51/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | PF Industrial - Zoned Industrial and located in Post Falls designated Opportunity Zone |
Amenities
- Bus Line
1 1
Property Taxes
| Parcel Number | P83250030010 | Improvements Assessment | $218,318 |
| Land Assessment | $497,788 | Total Assessment | $716,106 |
Property Taxes
Parcel Number
P83250030010
Land Assessment
$497,788
Improvements Assessment
$218,318
Total Assessment
$716,106
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3260 E Seltice Way
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