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504 N 21st Ave - Valvoline Ground Lease 1.19 Acres of Commercial Land Offered at $2,233,472 CAD in Caldwell, ID 83605
EXECUTIVE SUMMARY
Capitalization Rate: 5.00%
2026 Net Operating Income (NOI): $80,000
Price: $1,600,000
Net Rentable Area: 51,836 +/- sf
Lot Size: 1.19 acres
Year Built: 2025
Parking Spaces: 8 Stalls
Rent Commencement: 10/31/2025
Lease Expiration: 10/31/2045
Lease Type: Absolute NNN
Lease Terms: 20 Years
Rent Escalations: 10% - Every 5 Years
Option Periods: 4 x 5 Years
Common Area Expenses: Tenant Responsibility
Property Taxes: Tenant Responsibility
Property Insurance: Tenant Responsibility
Signage: Tenant Responsibility
2026 Net Operating Income (NOI): $80,000
Price: $1,600,000
Net Rentable Area: 51,836 +/- sf
Lot Size: 1.19 acres
Year Built: 2025
Parking Spaces: 8 Stalls
Rent Commencement: 10/31/2025
Lease Expiration: 10/31/2045
Lease Type: Absolute NNN
Lease Terms: 20 Years
Rent Escalations: 10% - Every 5 Years
Option Periods: 4 x 5 Years
Common Area Expenses: Tenant Responsibility
Property Taxes: Tenant Responsibility
Property Insurance: Tenant Responsibility
Signage: Tenant Responsibility
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,233,472 CAD | Lot Size | 1.19 AC |
| Price Per AC | $1,876,867.28 CAD |
| Price | $2,233,472 CAD |
| Price Per AC | $1,876,867.28 CAD |
| Lot Size | 1.19 AC |
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504 N 21st Ave - Valvoline Ground Lease
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