Industrial Investment Opportunity | 216 South Park Avenue W. | For Sale

We are pleased to present an exceptional investment opportunity at 216 S Park Ave, Twin Falls, Idaho, a premier commercial property occupied by a long-term credit tenant, Qwest Corporation, wholly owned by CenturyLink / Lumen Technologies. (NYSE: LUMN / S&P 600). Situated in the heart of the Twin Falls industrial corridor, this property benefits from a strategic location within one of the region’s most active commercial hubs.

The property features a new 5-year lease extension with CenturyLink, ensuring stable and predictable cash flow for the foreseeable future. The 25,000 SF fenced and paved lot offers significant upside potential as outside storage—a highly sought-after amenity in today’s industrial market.

With a robust tenant in place, priced well below replacement cost, a prime industrial location, and the ability to generate additional rental income, this asset presents a unique opportunity for investors seeking stability, growth, and strong market fundamentals.

216 South Park Avenue West offers the following advantages:
• Tenant has been in the building since 1959
• Huge amount of yard space, can be used for future development or leased out for additional income
• Low rents hedge against any downside risk
• Attractive 3% annual increases
• Priced well below replacement cost at just $144 PSF
• Property is positioned in the heart of the Twin Falls Industrial Corridor
• The population of Twin Falls is 53,000 people
• From 2010 to 2020, Twin Falls grew by about 17%. This increase is driven by economic opportunities in sectors like agriculture, food processing and outdoor tourism, making Twin Falls an attractive destination for both businesses and new residents
• Idaho has experienced more growth than any other state according to the US News World Report for 2024-2025
• Perfect Investment for the out of town investor, NNN lease, low maintenance