1465 American Legion Blvd
3,850 SF Retail Building Mountain Home, ID 83647 $1,870,965 CAD ($485.96 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Sale-lease back
- Situated near Interstate 84 on American Legion Blvd
- Tenant is an established brand with multiple locations across Idaho
- Mountain Home Air Force Base less than 10 minutes away
- The restaurant benefits from high visibility and easy accessibility
- Real estate only. Business not included
EXECUTIVE SUMMARY
This 1,748 SF retail property, zoned C3, is strategically located on American Legion Blvd, offering high visibility and easy accessibility. With a strong tenant, an established brand with multiple Idaho locations, this NNN sale-lease back presents a lucrative opportunity.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,850 SF
Building Class
C
Year Built
1963
Price
$1,870,965 CAD
Price Per SF
$485.96 CAD
Cap Rate
7%
NOI
$130,968 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.73 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
40 Spaces (10.39 Spaces per 1,000 SF Leased)
Frontage
53’ on American Legion Blvd
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | RPA3S06E257280A | Improvements Assessment | $442,435 CAD |
| Land Assessment | $64,983 CAD | Total Assessment | $507,418 CAD |
