FedEx Ship Center For
141 Joslin Way Twin Falls, ID 83301
141 Joslin Way, Twin Falls, ID, 83301
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For Sale
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Leasehold interest in FedEx Ship Center at Magic Valley Airport.
Property Size17,873 SF
Lot Size2.93 Acres
Price / SF$251.78
Days on Market57
Property Features for 141 Joslin Way
General Information
- Standard status
- Active
- Size
- 17,873 SF
- Lot size
- 2.93 Acres
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 2017
Listing Agency
Northmarq Capital, LLC
Listed by
BJ Feller · License #IL 471007951
Source
Crexi
Added: May 22 Checked: Jul 17 at 5:54 am
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
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
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $167.3k | $9.36 |
| − Vacancy | −$4.5k | −$0.25 |
| EGI | $162.8k | $9.11 |
| − OpEx | −$24.4k | −$1.37 |
| NOI | $138.4k | $7.74 |
17,873 SF · lease $9.36/SF/yr · vacancy 2.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.98M
$1.73M – $2.31M
NOI $138,358 @ 7.0% cap · market cap 3.07%
Second Best
Industrial
$1.57M
$1.37M – $1.83M
NOI $109,785 @ 7.0% cap · market cap 2.44%
Theoretical Best
Specialty Retail
$4.10M
$3.59M – $4.78M
NOI $287,009 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
FedEx Ship Center
Courier Service
Similar For Sale Nearby
FAQs
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 $4,500,000.
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
