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1777 Alvin Ricken Dr
Pocatello, ID 83201
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Within a Research and Business Park
- Situated just off I-15 via the Center Street exit with great regional access and reach
- Well-suited for research, engineering, general office.
- Close proximity to high tech manufacturing and Idaho State University.
- Offers potential for reconfiguration or expansion to meet buyer’s needs.
EXECUTIVE SUMMARY
Property Type: Research & Engineering Office
Building Status: Vacant – Available for Occupancy Q2-Q3 2025
Building Size: 28,800 SF
Lot Size: ±4.91 Acres
Sale Price: $5,760,000
Ground Lease: 50 Years
Ground Lease Rate: $1.00/year so long as use remains the same. Contact Agent.
Zoning: U (University)
Ready for Immediate Use: Well-suited for research, engineering, general office.
Flexible Layout: Offers potential for reconfiguration or expansion to meet buyer’s needs.
Ample Parking: ±158 Parking Spaces
Location Advantage: Positioned along Alvin Ricken Drive, with quick access to I-15 for regional access.
Ground Lease: Provides for zero property tax.
Strategic Location: Situated just off I-15 via the Center Street exit with great regional access and reach.
Infrastructure Access: Close to Bannock County services and regional transportation hubs.
Utilities: City of Pocatello - Water, Sewer, Trash. Idaho Power – electricity. Intermountain Gas – natural gas.
Surrounding Area: The property is within a Research and Business Park with close proximity to high tech manufacturing and Idaho State University.
Setting: In the foothills of Pocatello with beautiful views of the valley.
Building Status: Vacant – Available for Occupancy Q2-Q3 2025
Building Size: 28,800 SF
Lot Size: ±4.91 Acres
Sale Price: $5,760,000
Ground Lease: 50 Years
Ground Lease Rate: $1.00/year so long as use remains the same. Contact Agent.
Zoning: U (University)
Ready for Immediate Use: Well-suited for research, engineering, general office.
Flexible Layout: Offers potential for reconfiguration or expansion to meet buyer’s needs.
Ample Parking: ±158 Parking Spaces
Location Advantage: Positioned along Alvin Ricken Drive, with quick access to I-15 for regional access.
Ground Lease: Provides for zero property tax.
Strategic Location: Situated just off I-15 via the Center Street exit with great regional access and reach.
Infrastructure Access: Close to Bannock County services and regional transportation hubs.
Utilities: City of Pocatello - Water, Sewer, Trash. Idaho Power – electricity. Intermountain Gas – natural gas.
Surrounding Area: The property is within a Research and Business Park with close proximity to high tech manufacturing and Idaho State University.
Setting: In the foothills of Pocatello with beautiful views of the valley.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Office
Building Size
28,800 SF
Building Class
B
Year Built
2002
Price
$8,040,499 CAD
Price Per SF
$279.18 CAD
Building Height
2 Stories
Typical Floor Size
13,486 SF
Building FAR
0.13
Lot Size
4.91 AC
Zoning
U - University
Parking
158 Spaces (5.49 Spaces per 1,000 SF Leased)
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