FedEx Ship Center For
For Sale
Contact for pricing
141 Joslin Way, Twin Falls, ID 83301
Leasehold interest in FedEx Ship Center at Magic Valley Airport.
Property Size17,873 SF
Lot Size2.93 Acres
Price / SF$250.04
Days on Market148
Property Features for 141 Joslin Way
General Information
Standard status
Active
Size
17,873 SF
Total Parking Spaces
82
Lot size
2.93 Acres
Property subtype
Industrial
Zoning
AP-Airport
Occupancy
100%
Lease Type
NN
Net Operating Income
$323,995
Building Details
Year Built
2017
Buildings
1
Tenancy
Single
Listing Agency:
Northmarq Capital, LLC
Listed By:
BJ Feller · License #IL 471007951
Source:
Crexi
Added: May 22
Changed: Oct 5
Last Checked: Oct 16 at 8:12AM
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 Northmarq Capital, LLC
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Investment Insights
Based on property information with market context.
The leasehold interest in the FedEx Ship Center at 141 Joslin Way in Twin Falls, Idaho is available for sale. Constructed in 2017 as a build-to-suit facility, the property encompasses 17,873 square feet on 2.93 acres. It is located at Magic Valley Regional Airport and has direct access to the runway.
Key Highlights
- Leased to FedEx, providing stable income from a nationally recognized tenant
- Built‑to‑suit facility, specifically designed for FedEx's operational needs
- Constructed in 2017, indicating a modern and well‑maintained building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,358
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,767,160
$2.8M
Cap Rate 7%
$1,976,543
$2.0M
Cap Rate 9%
$1,537,311
$1.5M
Market Conditions
NOI Build-Up for 17,873 SF
Gross rent
$167.3K $9.36/SF
− Vacancy
−$4.5K −$0.25/SF
EGI
$162.8K $9.11/SF
− OpEx
−$24.4K −$1.37/SF
NOI
$138.4K $7.74/SF
Area
Twin Falls County, ID
Vacancy
2.70%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,767,160
Cap Rate 7%
$1,976,543
Cap Rate 9%
$1,537,311
Alternative Uses
Best Use
Warehouse
$1.98M
$1.73M – $2.31M
NOI $138,358 @ 7.0% cap · market cap 3.10%
Second Best
Industrial
$1.57M
$1.37M – $1.83M
NOI $109,785 @ 7.0% cap · market cap 2.46%
Theoretical Best
Specialty Retail
$4.10M
$3.59M – $4.78M
NOI $287,009 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
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Business Placement
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Distribution center - Leasehold interest in FedEx Ship Center at Magic Valley Airport.
Where is this distribution center located?
The property is located at 141 Joslin Way Twin Falls, ID.
What is the asking price?
The asking price for this property is $4,468,896.
What are key features of this property?
This property features: Leased to FedEx, providing stable income from a nationally recognized tenant; Built‑to‑suit facility, specifically designed for FedEx's operational needs; Constructed in 2017, indicating a modern and well‑maintained building
