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950 Hospital Way
Pocatello, ID 83201
Office Property For Sale
Investment Highlights
- Credit Tenant: Backed by Pocatello Hospital, LLC, an affiliate of Ardent Health Services which is a leading operator of community hospitals across US
- Excellent Accessibility: Immediate access to I-15 and centrally positioned within Pocatello’s primary commercial and healthcare corridor
- Net Lease Structure: Tenant reimburses Landlord for all standard operating expenses (taxes, insurance, CAM), minimizing landlord obligations.
- Strategic Location: Adjacent to Portneuf Medical Center, the region’s premier hospital and medical hub
- Rare 2.5% Annual Rent Increases: Provides predictable and consistent income growth throughout the initial term.
- “Sticky” Medical Tenancy: Medical users are historically long-term occupants due to high build-out costs and patient retention considerations. Ample O
Executive Summary
Goldman | Ryden Real Estate Investment Services is pleased to present the opportunity to acquire a medical office condominium located at 950 Hospital Way, Suite A, Pocatello, Idaho. The property is leased to Pocatello Hospital, LLC, a subsidiary of Ardent Health Partners, operating locally as Idaho Sports & Spine. This offering represents a stable, healthcare backed investment at an attractive 7% cap rate, a brand new 5 year term, positioned below replacement cost in a strong regional medical corridor.
Property Facts
| Property Type | Office | No. Stories | 1 |
| Property Subtype | Medical | Year Built/Renovated | 2001/2009 |
| Building Class | B | Parking Ratio | 5.95/1,000 SF |
| Lot Size | 1.04 AC | APN / Parcel ID | RPSRP000100 |
| Rentable Building Area | 5,375 SF | ||
| Zoning | C - Commercial | ||
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Lot Size | 1.04 AC |
| Rentable Building Area | 5,375 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2001/2009 |
| Parking Ratio | 5.95/1,000 SF |
| APN / Parcel ID | RPSRP000100 |
| Zoning | C - Commercial |
Amenities
- Signage
- Monument Signage
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