All Valley Fireplace 5123 N Sawyer Ave Industriel/Logistique 855 m² 100 % Loué À vendre Garden City, ID 83714 2 319 793 € (2 714,13 €/m²) Taux de capitalisation 5,50 %

The Offering provides the opportunity to acquire All Valley Fireplace, an attractive, 9,200 SF freestanding industrial building located in Garden City, Idaho, within one of the fastest-growing submarkets in the U.S. The Seller operates All Valley Fireplace out of the building and will execute a brand new 10-year Absolute NNN lease at closing that will include 10% scheduled rent increases every five years, including at the start of all 4, 5-year options. Current Ownership has invested over $500K into property upgrades, including but not exclusive to, a new roof, and lighting and HVAC systems. The Property benefits from a tight industrial submarket with a historically low 2.3% vacancy rate within a five-mile radius up to 20K SF and is located minutes from downtown Boise, with excellent access to I-184 and connectivity to major arterials.