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715 N Thornton St 7,280 SF Office Building Post Falls, ID 83854 $1,437,230 CAD ($197.42 CAD/SF) 6.82% Cap Rate
Executive Summary
This single-tenant NNN investment opportunity offers stable income with four years remaining on the current lease term. The property is fully leased to Tiny Sprouts Daycare, an established childcare operator, and features a 7,280 SF building situated on a ±0.98-acre lot.
Built in 2000, the property is well suited for continued long-term use. The NNN lease structure provides minimal landlord responsibilities, making this an attractive option for investors seeking reliable cash flow and low management demands.
Four years remaining on Lease
Increase in 2 year NOI to $nd 80,079.96 (7.6% CAP)
Built in 2000, the property is well suited for continued long-term use. The NNN lease structure provides minimal landlord responsibilities, making this an attractive option for investors seeking reliable cash flow and low management demands.
Four years remaining on Lease
Increase in 2 year NOI to $nd 80,079.96 (7.6% CAP)
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
7,280 SF
Building Class
B
Year Built
2000
Price
$1,437,230 CAD
Price Per SF
$197.42 CAD
Cap Rate
6.82%
NOI
$98,054 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,280 SF
Building FAR
0.17
Lot Size
0.98 AC
Zoning
I-Industrial
Parking
33 Spaces (4.53 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | P00500010040 | Improvements Assessment | $733,337 CAD |
| Land Assessment | $875,486 CAD | Total Assessment | $1,608,823 CAD |
Property Taxes
Parcel Number
P00500010040
Land Assessment
$875,486 CAD
Improvements Assessment
$733,337 CAD
Total Assessment
$1,608,823 CAD
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715 N Thornton St
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