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3402 Franklin Rd

47,626 SF Office Building Caldwell, ID 83605 $6,675,000 ($140/SF) 7.38% Cap Rate

Medical Offices Idaho Caldwell 3402 Franklin Rd, Caldwell, ID 83605

Executive Summary

Introducing 3402 Franklin Road, a lucrative investment opportunity in Caldwell, Idaho! This fully leased office building boasts a strong 7.376% CAP rate, generating $709,627 in annual gross rent with fixed operating costs. The property features a 47,626 square foot building on 5.73 acres, strategically located at the intersection of Franklin Road and Interstate 84. Serving as a cornerstone to the Idaho State Department of Health and Welfare, a long-term tenant with a new lease extension, this property offers stability and growth potential. The Treasure Valley region is one of the fastest-growing in the country, positioning this asset for continued success. Don't miss the chance to own a prime commercial property with a reliable tenant in a high-demand area.
Contact Shawn Barton at 208-329-4610 for more details. Visit Shawn.KeytoIdaho.com for additional information. Secure your investment in 3402 Franklin Road today!

Attachments

3402 Franklin Road Caldwell, Idaho 83605
Flyer 3402 Franklin Road Caldwell, Idaho 83605

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
47,626 SF
Building Class
B
Year Built/Renovated
2001/2019
Price
$6,675,000
Price Per SF
$140
Cap Rate
7.38%
NOI
$492,615
Tenancy
Single
Building Height
1 Story
Typical Floor Size
47,626 SF
Building FAR
0.19
Land Acres
5.73 AC
Zoning
C
Parking
252 Spaces (5.29 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 3530830200 Improvements Assessment $6,214,590
Land Assessment $3,145,410 Total Assessment $9,360,000

PROPERTY TAXES

Parcel Number
3530830200
Land Assessment
$3,145,410
Improvements Assessment
$6,214,590
Total Assessment
$9,360,000
(208) 329-4610

  • Listing ID: 31794009

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 3402 Franklin Rd, Caldwell, ID 83605

More public record information on 3402 Franklin Rd, Caldwell, ID 83605

The Office Property at 3402 Franklin Rd, Caldwell, ID 83605 is currently available For Sale. Contact Westerra Real Estate Group for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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3402 Franklin Rd, Caldwell, ID for sale Primary Photo- Image 1 of 33
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3402 Franklin Rd
(208) 329-4610 x

3402 Franklin Rd

Shawn Barton

(208) 329-4610

(208) 329-4610

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