Single-Tenant Medical Office
1902 S 10th Ave. Caldwell, ID 83605
1902 S 10th Ave., Caldwell, ID, 83605
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For Sale
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Single-tenant medical office building totaling 4,544 SF, 100% occupied under a Triple Net lease.
Property Size4,544 SF
Price / SF$217.43
Days on Market72
Property Features for 1902 S 10th Ave.
General Information
- Standard status
- Active
- Size
- 4,544 SF
- Property subtype
- Office, Land
Listing agency
NAI Select
Listed by
Ryan Brodien · License #ID 48391
Source
Crexi
Added: May 12 Updated: Jul 21 at 10:26PM Checked: Jul 22 at 11:34AM
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 NAI Select
Investment Insights
Based on property information with market context.
This single-tenant medical office building totals 4,544 SF and is 100% occupied by Keplr Vision. The property is operated under a fully executed Triple Net lease.
The building is located in Caldwell, Idaho at 1902 S. 10th Ave., and is described as being within close proximity to the downtown area. Nearby references include Indian Creek Plaza and the College of Idaho campus.
The property is zoned H-D, which supports office or office building development opportunities as presented in the offering materials.
The building is located in Caldwell, Idaho at 1902 S. 10th Ave., and is described as being within close proximity to the downtown area. Nearby references include Indian Creek Plaza and the College of Idaho campus.
The property is zoned H-D, which supports office or office building development opportunities as presented in the offering materials.
Key Highlights
- Single‑tenant medical office building totaling 4,544 SF in Caldwell, Idaho
- 100% occupied by Keplr Vision under a fully executed Triple Net (NNN) lease
- Single‑tenant setup for a medical/office use in a dedicated property configuration
Local Financial Insights For Office B
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 | $95.4k | $21.00 |
| − Vacancy | −$11.5k | −$2.52 |
| EGI | $84.0k | $18.48 |
| − OpEx | −$21.0k | −$4.62 |
| NOI | $63.0k | $13.86 |
4,544 SF · lease $21.00/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$899.7K
$787.3K – $1.05M
NOI $62,980 @ 7.0% cap · market cap 6.37%
Second Best
Healthcare Medical
$821.4K
$718.8K – $958.3K
NOI $57,500 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,721 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Single-tenant medical office building totaling 4,544 SF, 100% occupied under a Triple Net lease.
Where is this medical office space located?
The property is located at 1902 S 10th Ave. Caldwell, ID.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: Single‑tenant medical office building totaling 4,544 SF in Caldwell, Idaho; 100% occupied by Keplr Vision under a fully executed Triple Net (NNN) lease; Single‑tenant setup for a medical/office use in a dedicated property configuration
