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4111 Clock Tower Ave
Caldwell, ID 83607
Office Property For Sale
PROPERTY FACTS
ABOUT 4111 CLOCK TOWER AVE , CALDWELL, ID 83607
» Extremely strong operator with very healthy financials » Single Tenant Net Leased Investment, low maintenance » Dentist rarely move locations based on their extensive build-out’s which are costly. » Lease Commencement Date: October 1, 2018 » Lease Expiration Date: October 1, 2025 » Landlord Friendly Triple Net Lease structure » Passive investment with few landlord responsibilities » Strong Corporate signature! Parent company has over 60 locations across the US » In-line Market Rents » Increases: Starting in the 6th year of the initial term the NOI will increase to $99,000 » Options: Two (2) options to renew for Five (5) years. The base rent payable by Tenant for and throughout any Option Term (the “Option Rent”) shall be an amount equal to One Hundred Ten Percent (110%) of the base rent amount for the year immediately preceding the commencement of the Option Term.
PROPERTY TAXES
| Parcel Number | 3255610200 | Improvements Assessment | $843,580 |
| Land Assessment | $156,820 | Total Assessment | $1,000,400 |
PROPERTY TAXES
