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300 N Overland Ave - Tidal Wave Auto Spa 3,600 SF Specialty Building Offered at $8,375,520 CAD at a 6.75% Cap Rate in Burley, ID 83318

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INVESTMENT HIGHLIGHTS

  • Affluent Suburban Community
  • Strong Academic Presence
  • Burley Municipal Airport
  • Strong Retail Corridor
  • Strong Traffic Counts

EXECUTIVE SUMMARY

Bang Realty is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 300 N Overland Ave, Burley, ID 83318. The site consists of roughly 3,600 rentable square feet of building space on an estimated 2.77-acre parcel of land. This Tidal Wave Auto Spa will be subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $405,000 and has scheduled increases of 2.00% Annually.

PROPERTY FACTS

Price $8,375,520 CAD
Price Per SF $2,326.53 CAD
Sale Type Investment
Cap Rate 6.75%
Property Type Specialty
Property Subtype Car Wash
Lot Size 0.20 AC
Building Size 3,600 SF
No. Stories 1
Year Built 2024
Zoning 4

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RPB3200000004B
Land Assessment
$176,479 CAD
Improvements Assessment
$147,921 CAD
Total Assessment
$324,399 CAD
  • Listing ID: 34554272

  • Date on Market: 2025-01-21

  • Last Updated:

  • Address: 300 N Overland Ave, Burley, ID 83318

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