Prime property located in Redevelopment Block 3 on new Indian Creek Greenbelt. The 10,300 sf office building on 27000 sf lot has been leased to the Idaho State Bd of Corrections since it was built in 1995. Full service lease produces 9% cap rate at $13.50 per sf rental rate. The building is in good condition w/new carpet, new roof & structure appears to be able to support building more vertical flrs. Lease renewed July 08 for 3 years at $13.5 per sf; property has an assumable 6.5% loan for $490,
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
