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Medical Office Investment

526 W Shoup Ave, Twin Falls, ID 83301

For Sale
New
$660,000

A leased NNN medical office with a multi-room clinical layout and parking in a shared complex.

Property Size8,881 SF
Price / SF$74.32
Days on Market2

Property Features for 526 W Shoup Ave

General Information

Standard status Active
Size 8,881 SF
Total Parking Spaces 14
Property subtype Commercial
Occupancy 100%

Financials

Asking Price $660,000
Cap Rate 12.73%

Additional Details

Office Units 3
Tenant in Place Yes
Property Use Medical Office
Medical Specialty ophthalmology

Amenities

Garage: 11 - 20 Spaces
11 - 20 Spaces

Building Details

Year Built 1982
Tenancy Single
Listing Agency: Westerra Real Estate Group
Listed By: Shawn Barton · License ID #01878646
Source: Clearwaterproperties
Added: Nov 8 Last Checked: Nov 8 at 2:49PM

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 Westerra Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This medical office property contains 8,881 square feet across Suites H, I and J on two parcels. Its layout includes 13 offices, seven clinic rooms, two waiting areas, reception, a kitchen, multiple restrooms, additional workspace and basement storage. The building dates to 1982 and has approximately 14 adjoining parking spaces, with shared parking elsewhere in the complex.

River View Eye Specialists occupies the space under an NNN lease ending April 30, 2027. The lease includes a guarantor, with tenant reimbursements for taxes, insurance and CAM prorated. The property is fully leased and located at 526 W Shoup Ave in Twin Falls, Idaho.

Key Highlights

  • 8,881‑square‑foot medical office across Suites H, I and J on two parcels
  • 13 offices, seven clinic rooms and two waiting rooms
  • NNN lease with River View Eye Specialists through April 30, 2027

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dick's Pharmacy Pharmacy Home IV Services ... Medical Supply Store Worst Richard W ... Physician Intermountain Eye: Dr. ... Ophthalmologist Dr.'s Welch, Allan ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Pharmacy HVAC Service Parking Lot & Garage

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

3
Office units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - A leased NNN medical office with a multi-room clinical layout and parking in a shared complex.
Where is this medical office space located?
The property is located at 526 W Shoup Ave Twin Falls, ID.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 8,881‑square‑foot medical office across Suites H, I and J on two parcels; 13 offices, seven clinic rooms and two waiting rooms; NNN lease with River View Eye Specialists through April 30, 2027
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