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2205 17Th St Idaho Falls, ID 83404

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For Sale
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High-NOI Retail Investment Opportunity

Property size:
49,871 SF

Property Features for 2205 17Th St

General Information

Property type
Retail properties
Square Feet
49,871 SF

Building Details

Year Built
1991

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Listing Contact
Randy Waters
Randy Waters

Listing Agency: SVN High Desert Commercial Listing Agent: Randy Waters

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional retail property, Centennial Square, located at 2205 E 17th St, Idaho Falls, ID 83404, offers a compelling investment opportunity. The 49,871 square foot center boasts a strong tenant roster including Cricket Wireless, Worksteer Staffing, Evergreen China Buffet, Security Finance, Phenix Salon Suites, LT Nails Salon, Bobs Indoor Golf, Seagull Book, Work Wear House, Watersprings Thrift, Amazing Donuts, Papa Kelseys, One Main Financial, The Caramel Tree, and Once Upon a Child. Built in 1991, the property features a newer roof and ample parking, ensuring convenience for both tenants and customers. The property is offered at an asking price of $8,199,000, with a Net Operating Income (NOI) of $513,535. The lease type is NNN (Triple Net), with a projected Triple Net income of $150,895 in 2024. The long-term tenants contribute to a stable and predictable income stream, making this a desirable asset for investors seeking a strong return on investment in a thriving Idaho Falls location. This property presents a rare opportunity to acquire a well-established, income-producing retail center in a prime location with significant upside potential. Further details are available upon request.
Property Profile Location Intelligence

Current Use by Public Records

Cricket Wireless Authorized ... Mobile Phone Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Idaho Falls
County
Bonneville
State
Idaho
Longitude
-111.9900347
Latitude
43.4825401

FAQs

What type of property is this?
Retail property - High-NOI Retail Investment Opportunity
Where is this retail property located?
The property is located at 2205 17Th St Idaho Falls, ID.
What is the asking price?
The asking price for this property is $8,199,000.
What are key features of this property?
This property features: $8,199,000 asking price for this retail property.; 49,871 square feet of retail space.; NNN lease structure.
(208) 535-8520 Call to check price and availability
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