Leased Office Investment

Office for Sale
Catylist Listing ID: 30200105
Property Subtypes: Business Park, High-Tech, Office Building
Building Size (RSF): 82,264 SF
Gross Land Area: 4.47 Acres
Sale Price: $9,000,000
Unit Price: $109.40 PSF
Ceiling: 14 ft.
Property Use Type: Investment
Building Name: 6500 Mineral Drive
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 7.3%
Average Occupancy Rate: 100
Last Updated: 9/7/2018

Overview / Comments

CONTACT AGENT FOR DETAILS, DO NOT DISTURB TENANTS, NO SHOWINGS WITHOUT OFFER AND LIST BROKER PRESENT

High quality corporate headquarters with direct highway frontage, 3 floors of high quality office space with indoor fitness, racquetball court, locker rooms, file storage, and expansive parking.. Capitalization rate using actual income and expenses equates to 7.3%.

Current Tenants

Tenant Business Name Hecla Mining
Industry Type Mining
Is Renting? Yes
Tenant Business Name Chief Architect Software
Industry Type Professional/Scientific/Technical Services
Is Renting? Yes
Tenant Business Name ASLC Architects
Industry Type Real Estate and Rental and Leasing
Is Renting? Yes
Tenant Business Name Allegiant Commercial Asset Services
Industry Type Finance and Insurance

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Taxing Authority: Kootenai County
Zoning: COMMERCIAL
Property Located Between: US Court House, Target, Silverlake Mall
Property Visibility: Excellent
Highway Access: Fronts Highway 95 North.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 30,000 SF
Year Built: 1985
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Commercial, City of Coeur d'Alene
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,141 46,264 75,876
Median Age: 35.86 36.87 38.4
Households: 1,671 18,461 30,492

Contact

Photograph of Listing Agent

Chris Schreiber, CCIM

Kiemle Hagood NWCRE Member
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