Renovated Industrial with Office
For Sale
Contact for pricing
Pending
156 N 2nd E, Rexburg, ID 83440
Fully renovated industrial and office facility with newly built-out office space and a long-term leaseback in place.
Property Size20,000 SF
Days on Market111
Property Features for 156 N 2nd E
General Information
Standard status
Pending
Size
20,000 SF
Property subtype
Industrial
Occupancy
100%
Additional Details
Cap Rate
7%
Building Details
Tenancy
Single
Listing Agency:
Real Estate Two70
(833) 227-0270
Listed By:
Rick Robinson · License #42514
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 12 at 5:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Two70
Investment Insights
Based on property information with market context.
This for-sale industrial and office facility totals 20,000 square feet, including 4,000 square feet of newly built-out office space and 16,000 square feet of manufacturing space. The property has been fully renovated, with interior upgrades and modern office finishes, and includes a newly built parking lot.
The current owner, Shelfology, is leasing the property back on a 5-year minimum term at $14,000 per month. The asset is described as being positioned on a high-traffic corridor with strong visibility.
For investors and owner-operators looking for a turnkey setup, the offering is presented as an owner-occupied industrial investment with a long-term leaseback structure and an indicated 7% cap rate.
The current owner, Shelfology, is leasing the property back on a 5-year minimum term at $14,000 per month. The asset is described as being positioned on a high-traffic corridor with strong visibility.
For investors and owner-operators looking for a turnkey setup, the offering is presented as an owner-occupied industrial investment with a long-term leaseback structure and an indicated 7% cap rate.
Key Highlights
- 20,000 SF industrial and office facility with 4,000 SF newly built‑out office and 16,000 SF manufacturing space
- Fully renovated asset with interior renovations and modern office finishes
- Leaseback in place with Shelfology at $14,000/month on a 5‑year minimum term
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,388
Businesses Nearby
Explore this area
Business Placement
Demographics for 83440, ID
50,567
Population
13,845
Households
3.7
Avg Household Size
25
Median Age
40%
College-Educated
97%
High-School Grad
181.7 sq mi
ZIP Area
278
Density / Sq Mi
$57,701
Median Household Income
$11,659
Median Earnings
$959
Median Rent
$372,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Fully renovated industrial and office facility with newly built-out office space and a long-term leaseback in place.
Where is this manufacturing property located?
The property is located at 156 N 2nd E Rexburg, ID.
What are key features of this property?
This property features: 20,000 SF industrial and office facility with 4,000 SF newly built‑out office and 16,000 SF manufacturing space; Fully renovated asset with interior renovations and modern office finishes; Leaseback in place with Shelfology at $14,000/month on a 5‑year minimum term
