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785 D.O.E. Pl 67,448 SF 100% Leased Office Building Idaho Falls, ID 83401 $10,775,004 ($159.75/SF) 6.69% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Excellent single-tenant, net-leased investment opportunity with scheduled annual rent increases.
  • 7 years remaining on lease, through January 31, 2032.
  • Significant building upgrades completed in 2023 & 2024.
  • 100% leased to government agency, Battelle Energy Alliance.
  • Tenant has invested heavily in site-specific infrastructure.
  • Conveniently located directly off of Highway 20, in a tech-centric location, on the Idaho National Laboratory Campus.

EXECUTIVE SUMMARY

TOK proudly presents a compelling investment opportunity at 785 D.O.E. Place, Idaho Falls, ID. This 67,448 SF building offers a secure single-tenant, net-leased government office investment property with scheduled annual rent increases. The property has professional property management in place, offering a low-maintenance asset. Currently 100% occupied by Battelle Energy Alliance, the property boasts a solid 7-year lease term remaining, providing stable, long-term income potential. The tenant has made substantial investments in site-specific infrastructure, and recent significant building upgrades were completed in 2023 & 2024. With ample off-street parking and a prime location directly off Highway 20 within the Idaho National Laboratory Campus, this opportunity represents a secure and attractive addition to any investor's portfolio.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
67,448 SF
Building Class
C
Year Built
2000
Price
$10,775,004
Price Per SF
$159.75
Cap Rate
6.69%
NOI
$720,462
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
67,448 SF
Building FAR
0.29
Lot Size
5.38 AC
Zoning
GC
Parking
219 Spaces (3.25 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • RPA0591001004O
  • RPA0590001001O
Land Assessment
$502,874
Improvements Assessment
$7,032,678
Total Assessment
$7,535,552
  • Listing ID: 35582325

  • Date on Market: 4/22/2025

  • Last Updated:

  • Address: 785 D.O.E. Pl, Idaho Falls, ID 83401

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