Westerra Real Estate Group
10 Judicial Street
BLACKFOOT, ID 83221

Description

Highly visible location on main thru fare in Blackfoot. Long time, well established location for this insurance business, first as Premier Insurance, now as HUB Insurance due to meager with world recognized company to have access to more underwriting markets. Excellent CAP rate at 7.46 with annual 3% COL increases. Can assume current lease expiring in 2020, or re-write new 5 yr. lease with 5 yr. extension option. Corporate guarantee. Gross lease with NOI factoring 'Management Fee' in. Utilities, City sewer and water paid by HUB directly. Current management willing to continue with new owner. As good as an investment available on the market.

Details

MLS#2117566
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year2001
Days On Site93

Features

SQ Feet4,819
Story(s)1
ZoningBLACKFOOT COMM COM

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Area Information

StateID
CountyBingham
CityBLACKFOOT
Zip Code83221
AreaBingham
Listing VS Median (in 83221)
Price:
$900,000
low | high
Med:
$128,000
100% of Average
SqFt:
4,819
low | high
Med:
0
100% of Average
$ / SqFt:
$187
low | high
Med:
$0
100% of Average
On Site:
93
low | high
Med:
148
62.837837837838% of Average
Listing Updated: 12/13/2018
MLS Number: 2117566
Listing Provided By:
Jack Goddard  of  Keller Williams Realty East Idaho

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