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4171 W Expo Pky 7,778 SF Office Building Post Falls, ID 83854 $4,000,000 ($514.27/SF) 6.03% Cap Rate
Investment Highlights
- NNN, Medical - Surgery Center Investment Property.
- 6-Year Lease With 5 Options To Extend.
- Very Strong, High Credit Tenant.
Executive Summary
Introducing a rare investment opportunity in the heart of Post Falls, Idaho - the PLEASANT VIEW SURGERY CENTER located at 4171 W EXPO WAY, POST FALLS | ID 83854. This NNN property offers a solid financial profile, boasting a net operating income of $241,327 and an impressive 6.34% blended cap rate. The fully occupied 7,778 Sq. Ft. building sits on a 1.35 AC lot, featuring 41 parking stalls. The center, with a strong medical tenant base, specializes in various surgical services, including orthopedics, neuro/minimally invasive spine surgery, podiatry, and pain management. Accredited by AAAHC and CMS, this facility ensures high-quality care and patient satisfaction. Strategically located with proximity to Coeur d'Alene and Spokane, this property benefits from its prime location and a daily traffic count of 2,913 vehicles on Expo Parkway. Don't miss out on this lucrative investment opportunity at the PLEASANT VIEW SURGERY CENTER - a secure and premium income-generating asset in a thriving medical environment.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
7,778 SF
Building Class
C
Year Built
2012
Price
$4,000,000
Price Per SF
$514.27
Cap Rate
6.03%
NOI
$241,200
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,778 SF
Building FAR
0.13
Lot Size
1.35 AC
Zoning
Post Falls-I - Industrial - Permits light industrial uses such as warehousing, assembly, processing, and light manufacturing.
Parking
38 Spaces (4.89 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | P22200020010 | Improvements Assessment | $2,190,576 |
| Land Assessment | $532,699 | Total Assessment | $2,723,275 |
Property Taxes
Parcel Number
P22200020010
Land Assessment
$532,699
Improvements Assessment
$2,190,576
Total Assessment
$2,723,275
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4171 W Expo Pky
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