SUBWAY / PAPA JOHN'S 114 South Fifth Avenue, Pocatello, ID 83201 For More Information, Contact: FOR SALE Dann Wonser 503.972.7279
[email protected] Licensed in OR ID CL53318 2 Centerpointe Drive, Suite 500 | Lake Oswego, OR 97035 MACADAMFORBES.COM | 503.227.2500 All of the information contained herein was obtained either from the owner or other parties we consider reliable. We have no reason to doubt its accuracy, however we do not guarantee it. FOR SALE 114 South Fifth Avenue, Pocatello, ID 83201 PROPERTY DESCRIPTION This two-tenant retail center is occupied by two national tenants with a long track record at this location. Papa Johns has been a tenant for eighteen years, and Subway for nine. Both businesses easily pivoted to 100% take-out during the pandemic. Neither has missed a rent payment. OFFERING SUMMARY Sale Price: $760,489 Lot Size: 0.33 Acres Building Size: 2,700 SF NOI: $47,531.00 Cap Rate: 6.25% Dann Wonser 503.972.7279
[email protected] Licensed in OR ID CL53318 All of the information contained herein was obtained either from the owner or other parties we consider reliable. We have no reason to doubt its accuracy, however we do not guarantee it. MACADAMFORBES.COM | 503.227.2500 114 South Fifth Avenue, Pocatello, ID 83201 FOR SALE PROPERTY HIGHLIGHTS Long-term national tenants 0.4 Miles from Idaho State University (12,450 Students) High trafc signalized intersection NNN leases 21 parking spaces (7.8 per 1,000 SF) PROPERTY DETAILS Zoning: CG Year Built: 2003 Dann Wonser 503.972.7279
[email protected] Licensed in OR ID CL53318 All of the information contained herein was obtained either from the owner or other parties we consider reliable.