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240 Technology Dr
Idaho Falls, ID 83403
Flex Property For Sale
PROPERTY FACTS
| Property Type | Flex | Year Built/Renovated | 2008/2010 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.33 AC | Parking Ratio | 3.92/1,000 SF |
| Rentable Building Area | 14,026 SF | Clear Ceiling Height | 12’ |
| No. Stories | 1 |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 1.33 AC |
| Rentable Building Area | 14,026 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2008/2010 |
| Tenancy | Single |
| Parking Ratio | 3.92/1,000 SF |
| Clear Ceiling Height | 12’ |
ABOUT 240 TECHNOLOGY DR , IDAHO FALLS, ID 83403
Current tenant is vacating July 31st. They pay $15.30/sq ft, which would be a Cap Rate of 11.6%, but realistic Proforma Cap Rate is 9% at $12/sq ft. The Building is a Call center type design with 4 hard wall offices, and approximately 1,500 feet of warehouse space. The previous tenant added security upgrades. There is Plentiful parking and Easy access. Idaho Falls and the surrounding area is very healthy and desirable for businesses and citizens alike. It has made the Top-Ten list of many surveys such as: Sterling's "BEST PLACES" list #2; Inc. Magazine's "BOOM TOWNS" list #8; and - Milken Institute?s "LOWEST COST CITIES FOR DOING BUSINESS" #5. Idaho Falls is centrally located near Yellowstone National Park, Jackson Hole, WY, Sun Valley, ID and Salt Lake City, UT. The city has very low energy costs, low unemployment rate and very good access to major travel routes. Idaho Falls serves as a regional hub for health care, travel and business in southeast Idaho and western Wyoming.
PROPERTY TAXES
| Parcel Number | RPA1165001003O | Improvements Assessment | $1,487,691 |
| Land Assessment | $87,291 | Total Assessment | $1,574,982 |
PROPERTY TAXES
ZONING
| Zoning Code | I & M-1 |
| I & M-1 |
