Property Details
Investment Opportunity in a Professional Office Building in Garden City, Idaho
This investment opportunity is for the interest in a 3,685 square foot professional office building in Creek’s Edge Business Park sitting on ±.176 acres overlooking a creek and trees behind the building. The building is well suited as a multi-tenant building with at least multiple entrances and restrooms. Located near the busy intersection of Chinden & Glenwood with 33,500 vehicles per day in Garden City, Idaho.
Seller will enter sale-lease back for entire building with Buyer
Seller will execute a new lease for 3 years at $13.00 PSF NNN with 3% annual increases
Tenant is CDI, community development incorporated, a private non-profit organization specializing in real estate and community development
CDI has been in business since 1994 and develops affordable housing. They have completed over 125 projects, in 21 states, at a cost of over $800 million. CDI has a subsidiary, Somerset Pacific, that operates as an asset management firm
Do not disturb occupant, must call to schedule showing
- Property TypeOffice
- Submarket
- Year Built2002
- Total Building Size3,650RSF
- Total Acres0.08
- Building ClassB
- ZoningC-2
- Property ID334483
Landlord's Leasing Representatives
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