Lisa Hockersmith
REALTOR®
Listing Courtesy of:
Westerra Real Estate Group
Agency Phone: 208-733-7653
SQUARE FEET8,881
MLS#99005794
STATUSActive
PROPERTY TYPECommercial - Industrial
Listing Courtesy of:
Westerra Real Estate Group
Agency Phone: 208-733-7653
Property Description
Fully leased medical/professional office investment offered at $660,000 in Twin Falls, Idaho. Located at 526 Shoup Avenue West, Suites H, I & J, this approx. 8,525 SF property spans two parcels and pairs existing income with future leasing flexibility. At approx. $77.41/SF, the offering features $84,000 in annual base rent under the current NNN lease and an OM-reported 12.73% cap rate. Occupied by River View Eye Specialists through April 30, 2027, the lease includes a guarantor and prorated tenant reimbursements for taxes, insurance, and CAM. The layout includes 13 offices, seven clinic rooms, two waiting rooms, reception, kitchen, multiple restrooms, additional workspace, and basement storage. Approx. 14 adjoining parking spaces plus shared complex parking support patient, client, and employee access. Future separate leasing of Suites H & I and Suite J offers upside: the OM projects combined annual base rent of approx. $92,610, an $8,610 increase, subject to market conditions, leasing costs, and occupancy.
Property Features
Property Type: Commercial - Industrial
Basement: Yes
Cooling: Central Air
Lot Size: 0.20 Acres
Roof Type: Flat
Year Built: 1982
Amenities
Paved Outside Area
Feature Descriptions
Accessibility: Handicap Access
Building Features: Lighting
Construction Materials: Stone
Exterior: Stone
Flooring: Wood
Lot: Standard Lot 6000-9999 SF
Parcel#: RPT2641000012K, RPT2641000012L
Parking: 11 - 20 Spaces
Parking Notes: 11 - 20 Spaces
Possible Use: Land Suitable(Office, Retail), Industrial Suitable(Business Park, Office Showroom), Office Suitable(Medical Office), Shopping Center Suitable(Strip Center)
Utilities: Sewer Connected
Water: City Service
Zoning: C
Listed By / Shown By
Listed By
Agency Name: Westerra Real Estate Group
Agency Phone: 208-733-7653
Shown By
Agent Name: Lisa Hockersmith
Agent Phone: (208) 859-6517
Agency Title: Coldwell Banker Tomlinson
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526 W Shoup Ave, Unit Suite H, J | MLS# 99005794
This commercial property located at 526 W Shoup Ave, Unit Suite H, J, Twin Falls, ID 83301 is currently listed for sale with an asking price of $660,000. Search Twin Falls real estate on lhockersmith.cbboise.com today.