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Amazon Distribution Building 494 Kuhn Dr 43,384 SF Industrial Building Jerome, ID 83338 $15,500,000 ($357.27/SF)
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a new ±43,384 sq. ft. Amazon Last Mile Distribution Building.
- 10-year net lease with 3.5% annual increases.
- Ideally situated for distribution throughout the Magic Valley trade area which includes Twin Falls, Sun Valley and Jerome, ID.
- New Amazon Last Mile Distribution Building build-to-suit.
- Located in the Crossroads Point Business Park, adjacent to Interstate 84.
- Interstate 84 connects Salt Lake City, Twin Falls, Jerome and Boise.
EXECUTIVE SUMMARY
FOR ACCESS TO THE OM, PLEASE EMAIL MATT KINGSLEY (matt.kingsley@cushwake.com).
Cushman & Wakefield, Inc. is pleased to offer for sale the 43,384± sq. ft. Amazon distribution building on a 7.41 acre site in Jerome, ID just north of Twin Falls. The property has extensive parking for employee cars and vans. The Property is fully leased to Amazon.com Services LLC with a parent guaranty (Nasdaq: AMZN) (S&P: AA-). Amazon uses the facility to deliver small packages to recipients in Idaho’s Magic Valley regional area.
Jerome City is situated approximately 9 miles north of Twin Falls on I-84. Twin Falls and Jerome make up the economic nucleus of the Twin Falls Metropolitan Area, which consists of Twin Falls and Jerome Counties. Twin Falls and Jerome also anchor the south end of the broader Magic Valley region in south Central Idaho. The Twin Falls MA is located 227 miles northwest of Salt Lake City on I-15/I-84 and 116 miles southeast of Boise on I-84.
Cushman & Wakefield, Inc. is pleased to offer for sale the 43,384± sq. ft. Amazon distribution building on a 7.41 acre site in Jerome, ID just north of Twin Falls. The property has extensive parking for employee cars and vans. The Property is fully leased to Amazon.com Services LLC with a parent guaranty (Nasdaq: AMZN) (S&P: AA-). Amazon uses the facility to deliver small packages to recipients in Idaho’s Magic Valley regional area.
Jerome City is situated approximately 9 miles north of Twin Falls on I-84. Twin Falls and Jerome make up the economic nucleus of the Twin Falls Metropolitan Area, which consists of Twin Falls and Jerome Counties. Twin Falls and Jerome also anchor the south end of the broader Magic Valley region in south Central Idaho. The Twin Falls MA is located 227 miles northwest of Salt Lake City on I-15/I-84 and 116 miles southeast of Boise on I-84.
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | RP005250010010 | Improvements Assessment | $4,590,149 |
| Land Assessment | $154,708 | Total Assessment | $4,744,857 |
PROPERTY TAXES
Parcel Number
RP005250010010
Land Assessment
$154,708
Improvements Assessment
$4,590,149
Total Assessment
$4,744,857
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Amazon Distribution Building | 494 Kuhn Dr
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