Contacts
Darren Puetz
TOK Commercial
Property Details
- Property Type Office - General Office
- Property Size 60,044 SF
- Lot Size 2.07 Acre
- Additional Rent Contact for pricing
- Building Class B
- Year Built 1977
- Date Updated Nov 4, 2024
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Highlights
- Portfolio of three fully leased professional office properties, totaling 60,044 SF on 2.9 acres of land across the three locations.
- Two of the properties are located in the Pocatello market, at 275 S. 5th Avenue and 202 W. Alameda Road, and the third in Burley, at 1031 & 1041 E. Main Street.
- Prominently positioned while diversely spread apart in the communities they are in.
- Close proximity to the area’s most frequented retail corridors and excellent visibility on major traffic corridors.
- Occupied by the current owner and long-term tenant Lookout Credit Union, who will continue to lease back their existing space from the future owner in these three highly successful locations.
- The new lease will commence upon closing, for 15 years with 2, 5 year renewal options and 2% annual increases.
- Strong, established primary tenant — Lookout Credit Union is a leader in banking, with locations across Southeastern Idaho.
- This offering provides a hard-to-come-by cap rate on a stable and diversified portfolio with well-maintained properties.
Attachments
Getting around
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Location
- City Pocatello, ID
- Zip Code 83201
Points of Interest
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Sinclair
0.74 miles
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Maverik
1.27 miles
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Fred Meyer
1.75 miles
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Common Cents
1.87 miles
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Shell
2.38 miles
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Chevron
2.39 miles
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Phillips 66
2.41 miles
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Tesla Supercharger
2.43 miles
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Free Parking Lot 2 - Old Town Pocatello
0.46 miles
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Free Parking - Old Town Pocatello
0.51 miles
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Idaho National Laboratory
3.38 miles
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Black Swan Inn
0.21 miles
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The Monarch Hotel
0.42 miles
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Thunderbird Motel
0.81 miles
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Hampton
1.32 miles
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Courtyard
1.47 miles
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Holiday Inn Express & Suites Pocatello
1.49 miles
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TownePlace Suites Pocatello
1.50 miles
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Fairfield Inn and Suites
1.55 miles
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Red Lion Hotel
2.31 miles
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Comfort Inn
2.42 miles
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Albertsons
0.17 miles
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Nel's Bi-Lo Market
0.76 miles
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Ridley's Family Market
0.80 miles
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Idaho Grocery Outlet
1.14 miles
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Westwood Mall
1.25 miles
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Fred Meyer
1.75 miles
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Ridley's
2.00 miles
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WinCo Foods
2.01 miles
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Big Lots
2.03 miles
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Grocery Outlet
3.00 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Darren Puetz
TOK Commercial