2728 14th N
AMMON, ID 83406

$1,200,000

Description

2728 East 14th North is a 14,400 square foot industrial flex space building that was constructed in 2016. The building was designed with 6,000 square feet of warehouse in the back for an owner-occupied shop and six individually metered spaces in the front to be leased out as investment income. Net Operating Income is $86,617/annual or 7.22% cap rate. All tenants are in short term leases due to the nature of their small businesses. Lease rates are $.60/month gross with Tenant paying for all utilities; landlord pays NNN. Each tenant entitled to 2 parking spots. Currently, space is being utilized as the following configuration: 1 - 1,200 square foot spaces (North West side), 3 - 1,000 square foot spaces (North West side), 1 - 4,200 square foot space (North East side), 1 - 6,000 square foot space (6 units combined in the south of the building). The building is designed with all utilities to each suite (see building plans) and can be converted back to smaller or larger spaces, and tenants need change. The building has an active camera system around the entire building for tenant and owner security. Each space comes with a 14-foot garage door and man door.

Details

MLS#2119704
StyleIndustrial
Sub-TypeResale
StatusActive
Year2016
Days On Site112

Features

SQ Feet14,400
Story(s)0
ZoningAMMON INDUST/MANF

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Area Information

StateID
CountyBonneville
CityAMMON
Zip Code83406
AreaBonneville
Listing VS Median (in 83406)
Price:
$1,200,000
low | high
Med:
$264,900
100% of Average
SqFt:
14,400
low | high
Med:
2,750
100% of Average
$ / SqFt:
$83
low | high
Med:
$96
34.407272727272% of Average
On Site:
112
low | high
Med:
117
95.726495726496% of Average
Listing Updated: 05/21/2019
MLS Number: 2119704
Listing Provided By:
Virgil Nethercott  of  SVN High Desert Commercial

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