568 N 2nd Street E

    Rexburg, ID 83440
    • $1,636,363
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 98716782
    UPDATED: 30 min ago
    $1,636,363
    • 0
      BEDS
    • 0.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,200
      SQFT
    • $744
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2018
    County:

    School Ratings & Info

    Description

    Del Taco - Rexburg provides the opportunity for an investor to acquire a newly constructed building while achieving stable cash-flow backed by a new 15-year absolute NNN lease with multiple renewal options. 2 Signalized entrances provide easy access - redevelopment underway to former Walmart.

    Monthly Payment Calculator



    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Juniper Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-02-16T18:10:24.253.
    www.juniperrealtygroup.com/homes/90962762

    568 N 2nd Street E Rexburg, ID 83440

    • Price: $1,636,363
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 98716782
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.58
    Acres
    2,200
    SQFT
    $744
    $/SQFT
    2018
    Built
    Neighborhood:
    Out Of Area - 2000
    County:
    Madison
    Area:
    Out Of Area - 2000
    Property Description
    Del Taco - Rexburg provides the opportunity for an investor to acquire a newly constructed building while achieving stable cash-flow backed by a new 15-year absolute NNN lease with multiple renewal options. 2 Signalized entrances provide easy access - redevelopment underway to former Walmart.
    Exterior Features

    Construction Other Fenced None Land Size 1/2 - .99 Acre Roof Other

    Interior Features

    Cooling Central Air Heating Forced AirGas Spaces 1 Structure Handicap AccessLawn SprinklersPaved Outside AreaPaved StreetGas/PropaneLighting

    Property Features

    Age < 1 Year Anchor Tenant1 Del Taco Average Occupancy Percent 100 Cap Rate Percent 5.5 Commercial Type Commercial Corridor Yes Docs On File LeaseOther Existing Yes Financial Year 2019 Gas Available YN Yes Highlight1 Newly Constructed Del Taco Absolute Nnn Investment Highlight2 15 Year initial Term With 4 - 5 Year Renewal Optio Highlight3 Opened in September 2018 Highlight4 Please DownloadExecute & Return Ca In Foreclosure YN No Income Expense Info Actual Investment Property Yes Lease Term Months 180 Lease Type Nnn Net Lease Investment Yes Net Operating Income 90000 Occupancy Percent 100 Potential Short Sale YN No Price Rate Type Price Prop On Ground Lease YN No Property Name Del Taco Absolute Nnn Investment5.5 Cap$1636363.64 Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Suitable For Retail Restaurant/BarOtherFree Standing Building Tenancy Single Terms CashConsider All Vac Suited For Owner User No Water City Service Years Lefton Lease 15 Zoning Commercial

    Listing Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.


    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Juniper Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-02-16T18:10:24.253.
     
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