3260 E SELTICE Way, Post Falls, ID 83854
sale
$750,000
|
Other
Courtesy Of CDARE
Cash flow on cruise control - turn-key, passive income with strong national tenant and long term lease in a prime Post Falls Opportunity Zone location. Potential long term tax incentives. Enterprise rent-a-car has just signed a 5-year lease, with four 5-year renewal options. This well-maintained asset was previously operating as a car wash. The automatic wash bay is being renovated into 576 SF of office space. A second building houses a 1,725 SF self-serve standard rack of 4 bay cat pumps with hot water, a champion air compressor and a boiler for floor heat. Long-term stability with a modified gross lease through August, 2030. Exceptional income potential with current rent at $3,250/month showing a 5.2% CAP. Offered at a price aligned with strong returns and long-term growth potential.
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Property Features
- Age: 31-40 Years Old
- Exterior Type: Block
- Exterior Type: Cement Block
- Heating System: Electric (Heating)
- Legal Description: SELTICE INDUSTRIAL PARK, LT 1 BLK 3 Section 01 Township 50N Range 05W
- MLSID: 25-9190
- Roof Type: Metal
- View Type: Territorial
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