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221 Pole Line Rd
Twin Falls, ID 83301
Cobblestone Auto Spa · Specialty Property For Sale
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7,004 SF
INVESTMENT HIGHLIGHTS
- Bonus Depreciation Opportunity
- Strong Demographic Growth Driving Demand
- Corporate-Backed Lease with Built-In Income Growth
- Proximity to Schools and Local Attraction
EXECUTIVE SUMMARY
Bang Realty and Marcus and Millichap are pleased to present the exclusive listing for a Cobblestone Auto Spa located at 1221 Pole Line Rd E, Twin Falls, ID 83301. The site consists of roughly 7,004 rentable square feet of building space on an estimated 1.33-acre parcel of land. This Cobblestone Auto Spa is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $406,250 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 7,004 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2019 |
| Lot Size | 1.33 AC |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Lot Size | 1.33 AC |
| Building Size | 7,004 SF |
| No. Stories | 1 |
| Year Built | 2019 |
PROPERTY TAXES
| Parcel Number | RPT5699001002A | Improvements Assessment | $1,642,278 CAD |
| Land Assessment | $1,082,074 CAD | Total Assessment | $2,724,352 CAD |
PROPERTY TAXES
Parcel Number
RPT5699001002A
Land Assessment
$1,082,074 CAD
Improvements Assessment
$1,642,278 CAD
Total Assessment
$2,724,352 CAD
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