Sand Creek Landings

Office for Sale
Catylist Listing ID: 30296422
Property Subtypes: Office Building
Building Size (RSF): 20,000 SF
Gross Building Area: See Agent
Sale Price: $1,300,000
Unit Price: $65 PSF
Property Use Type: Investment
Building Name: Sand Creek Landings
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 95
Last Updated: 7/6/2018

Overview / Comments

Multi-tenant leased investment offering. Four full floors of office, including retail on the street level. Dedicated parking around the back of the building as well as city owned parking along Sand Creek. Property is in the downtown core of Sandpoint, Idaho. Tenants include legal, finance, technology, retail, medical and other professional services. Building is in good condition, professionally managed by Panhandle Management Company. The property has been legally converted into condominium units and those units could be sold off individually if so desired by buyer, but this offering is for the entire building. The majority of the suites have a view of the city or a view of Sand Creek and Lake Pend Oreille beyond.

Additional Details

Nearest MSA: Sandpoint
County: Bonner

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,139 9,010 14,572
Median Age: 38.18 39.1 40.05
Households: 1,876 3,926 6,093

Contact

Photograph of Listing Agent

Chris Schreiber, CCIM

Kiemle Hagood NWCRE Member
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