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Single-Tenant NNN Property
New
For Sale
$3,810,000

2727 14th N, Ammon, ID 83401

Herc Rentals occupies a renovated industrial facility under a long-term NNN lease with scheduled annual increases.

Property Size12,000 SF
Lot Size3.68 Acres
Price / SF$317.50
Days on Market2

Property Features for 2727 14th N

General Information

Standard status Active
Size 12,000 SF
Lot size 3.68 Acres
Property subtype Single-Tenant Industrial
Occupancy 100%
Net Operating Income $243,916

Financials

Asking Price $3,810,000
Cap Rate 6.4%

Additional Details

Highway Access Yes

Amenities

•Corporate Lease with Herc Rentals, Inc | NYSE: HRI -3rd Largest Equipment Rental Company in the U.S.
•Original 10-Yr NNN Lease| Minimal LL Responsibilities -7+ Years Remaining | 3% Annual Rental Increases
•Former Tenant Acquired via a $5.3 Billion Merger -Herc Purchased H&E Equipment Services June 2025
•Newly Renovated Facility | $850K in Improvements '24 -Built Out to Fully Accommodate Tenant's Specifications
•Located in Ammon's Lincoln's Industrial Park -Quick Access to I-15 & US-20/26
•Proximity to Idaho Falls Regional Airport | 6.6 Miles -Second-Busiest Airport in Idaho
•Idaho Falls, ID MSA | Population Growing 2% Annually -~162,000 Population | 3rdLargest Metro in Idaho
•Ammon Town Center | $60M Mixed-Use Development -Proposed 60-AC Development | Retail, Office, Residential

Building Details

Building Size 12,000 SF
Year Built 2015
Year Renovated 2024
Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Denver
Listed By: Adam Lewis · License #License(s) ID: DB54599
Source: Marcusmillichap
Added: Sep 2 Last Checked: Sep 2 at 1:59PM

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 Marcus & Millichap - Denver

Investment Insights

Based on property information with market context.

This single-tenant NNN property includes a ±12,000 SF industrial facility built in 2015 and renovated in 2024 with improvements tailored to Herc Rentals' operations. The lease has more than 7 years remaining, includes 3% annual rent increases, and provides four 5-year renewal options. Landlord responsibilities are described as minimal.

The property is located at 2727 14th N in Ammon, Idaho, within Lincoln's Industrial Park. Access to I-15 and US-20/26 supports regional connectivity, while Idaho Falls Regional Airport is approximately 6.6 miles away. The site encompasses approximately 3.68 acres and is part of the Idaho Falls MSA.

Key Highlights

  • ±12,000 SF facility on approximately ±3.68 acres
  • Built in 2015 and renovated in 2024
  • Herc Rentals is the single tenant

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

635
Businesses Nearby

Demographics for 83401, ID

47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Herc Rentals occupies a renovated industrial facility under a long-term NNN lease with scheduled annual increases.
Where is this nnn property located?
The property is located at 2727 14th N Ammon, ID.
What is the asking price?
The asking price for this property is $3,810,000.
What are key features of this property?
This property features: ±12,000 SF facility on approximately ±3.68 acres; Built in 2015 and renovated in 2024; Herc Rentals is the single tenant
More about this property
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