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245 Thain Rd Lewiston, ID 83501

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For Sale
$1,095,000

Single-tenant NNN leased investment opportunity with a new 15-year lease.

Property size:
3,072 SF
Lot size:
0.40 Acres

Property Features for 245 Thain Rd

General Information

Size
3,072 SF
Lot size
0.40 Acres

Source: Mike Keller Agent Mike Keller

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


Overview

Freestanding Building Leased to Jackman Tire

Located at 245 Thain Road in Lewiston, Idaho, this 3,072 SF freestanding building is an investment opportunity. The property is 100% leased to Jackman Tire (formerly American Tire) under a new 15-year lease that began December 1, 2024. The lease features a 6% rent escalation at Year 4, followed by 2% annual escalations thereafter. Recent property enhancements include new asphalt, paint, and interior upgrades. Situated on Thain Road, the property benefits from high visibility, with over 18,231 vehicles passing by daily. Jackman Tire, a tire and automotive service company, intends to expand. The location is surrounded by restaurants and services, including Arby’s, Chevron, Rosauers, Potlatch Federal Credit Union, and Mike’s Mechanical. The property is located on Lewiston’s primary retailer, services, and commuting arterial, Thain Road.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hells Canyon Smokehouse Caterer The Donkey Den Sports Bar

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

Rivertown Garage Automotive Diesel Repair, HK Motorsports, Dale's Auto Repair, A & D 24 Hour Towing, Perfection Tire and Auto Repair

Location Insight

  • Map
  • Local Demand
City
Lewiston
County
Nez Perce
State
Idaho
Longitude
-116.9820669
Latitude
46.3851994

FAQs

What type of property is this?
Auto shop - Single-tenant NNN leased investment opportunity with a new 15-year lease.
Where is this auto shop located?
The property is located at 245 Thain Rd Lewiston, ID.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: - 100% leased to Jackman Tire (formerly American Tire) with a new 15-year NNN lease starting December 1, 2024, providing stable long-term income.; - Favorable lease terms include a 6% rent escalation at Year 4, followed by 2% annual escalations, ensuring increasing ROI.; - High visibility location on Thain Road with over 18,231 vehicles per day.
More about this property
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