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480 N State St Shelley, ID 83274

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For Sale
$5,250,000

25,818 SF industrial facility 100% leased in Shelley, Idaho.

Property size:
25,818 SF

Property Features for 480 N State St

General Information

Size
25,818 SF

Source: Lance Hendricks Agent Lance Hendricks

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


Overview

Shelley Industrial Facility For Sale

This 25,818 square foot industrial facility is fully leased to Idaho Mercantile Distilleries under a new 10-year absolute NNN lease. The tenant is the producer of the nationally recognized 44° North® Vodka. The property is positioned on 4.5 acres with frontage along State Street. It benefits from modern renovations completed in 2022 and proximity to I-15, Idaho Falls, and Blackfoot. The location is in one of the fastest-growing industrial markets in the U.S. The building improvements are in great condition, providing a contemporary and appealing space. The property features expansive industrial outdoor storage (IOS) and ample yard space ideal for equipment, vehicle, or material storage, offering exceptional functionality and operational efficiency for industrial users. The property is located in Bingham County, ensuring high traffic and easy accessibility.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Similar Places Nearby

Outdoor Idaho Storage

Location Insight

  • Map
  • Local Demand
City
Shelley
County
Bingham
State
Idaho
Longitude
-112.11977
Latitude
43.387707

FAQs

What type of property is this?
Warehouse - 25,818 SF industrial facility 100% leased in Shelley, Idaho.
Where is this warehouse located?
The property is located at 480 N State St Shelley, ID.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: - 100% Leased to Nationally Recognized Brand: Enjoy immediate, passive cash flow from Idaho Mercantile Distilleries (44° North® Vodka) under a new 10-year absolute NNN lease.; - Absolute NNN Lease with Rent Bumps: Offers $342,085 in NOI with 2.5% annual rent bumps and zero landlord responsibilities.; - Prime Location in High-Growth Market: Positioned on 4.5 acres with excellent frontage along State Street.
More about this property
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