Industrial for Sale
Sale Pending
Catylist Listing ID: 30178995
Property Subtypes: Mixed Use, Light Industrial, Net Leased, Warehouse/Distribution
Status: Pending
Building Size (RSF): 13,950 SF
Gross Land Area: 4.42 Acres
Sale Price: $1,450,000
Unit Price: $103.94 PSF
Ceiling: 18 ft.
Docks/Doors: 3 Doors
Office SF: 3,600 SF
Drive In Bays: 3 Bays
Property Use Type: Net Leased Investment (NNN), Investment
Usable Size (USF): 13,950 SF
Sale Terms: Cash to Seller, Other
Cap Rate: 7.0%
Average Occupancy Rate: 100
Last Updated: 4/15/2018

Overview / Comments

This unique property is a 13,950 sf building on a 4.424 acre parcel of CCS zoned land at the end of a cul de sac in Post Falls, ID. The footprint of the building is 10,080 sf with approx. 8,280 sf of warehouse (of which approx. 680 sf is partially finished and could be additional offices) and 1,800 sf of 1st floor office space. The 2nd floor has approx. 1,800 sf of office space & 600 sf of storage area and 1,470 sf of open mezzanine. The building sits on a lot with approx. 87,000 sf of land that has been improved with landscaping & parking. The remaining 2.424 acres of land is undeveloped and has been planned for an additional 28,000 sf of buildings. The building + 2 acres is leased for $8000/month NNN + $965/month assessment for Real Property Tax & Insurance.

Additional Details

Nearest MSA: '"Coeur d''Alene"'
County: Kootenai
Taxing Authority: kOOTENAI COUNTY
Tax ID/APN: 243785
Property Located Between: Pleasant View & Boulder
Highway Access: Approximately 1 mile to Interstate 90 and 2 miles to Highway 53
Airports: Approximately 6 miles
Site Description: Site is level 4.424 acres at the end of Boulder Court
Area Description: Expanding Commercial/Industrial Area near the Idaho/ Washington stateline
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 10,080 SF
Property Condition: Excellent
Year Built: 2009
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Paved/stripped
Total Parking Spaces: 50
Eave Height: 18
Column Spacing: none
Sprinklers: None
Heat Type: Natural Gas, Suspended Radiant Heaters
Heat Source: Central, Ceiling Units
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable
Interior Description: Offices are painted walls with natural wood trim, doors & built in desks. Warehouse has dropped drywall ceiling and drywall walls.
Zoning Description: CCS
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Boulder Business Park, LLC
Legal Description: BOULDER PARK,LT8 BLK1 &PTNOF VAC RW 32 51N 05W

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,826 16,196 47,876
Median Age: 30.95 33.77 35.81
Households: 1,388 5,906 17,570
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