Light Commercial Retail
752 East 17th Str Idaho Falls, ID 83402
752 East 17th Str, Idaho Falls, ID, 83402
Contact for pricing
For Sale
Contact for pricing
Retail building built in 2005 and zoned Light Commercial, currently 100% occupied.
Property Size6,000 SF
Price / SF$322.83
Days on Market21
Property Features for 752 East 17th Str
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2005
Listing agency
SVN | High Desert Commercial
(208) 535-8520
Listed by
Randy Waters · License #ID SP31104
Source
Crexi
Added: Jul 1 Updated: Jul 20 at 5:50PM Checked: Jul 20 at 5:50PM
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 SVN | High Desert Commercial
Investment Insights
Based on property information with market context.
This 6,000 SF retail building was built in 2005 and is zoned Light Commercial. The property is 100% occupied.
The offering is located in Idaho Falls, Idaho.
The current net operating income is stated as $125,928.
The offering is located in Idaho Falls, Idaho.
The current net operating income is stated as $125,928.
Key Highlights
- 6,000 SF retail building built in 2005 in Idaho Falls, ID
- Zoned Light Commercial
- Currently 100% occupied
Local Financial Insights For Retail
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 | $79.2k | $13.20 |
| − Vacancy | −$1.4k | −$0.24 |
| EGI | $77.8k | $12.96 |
| − OpEx | −$23.3k | −$3.89 |
| NOI | $54.4k | $9.07 |
6,000 SF · lease $13.20/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$777.7K
$680.5K – $907.4K
NOI $54,442 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,794 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Thai Kitchen
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail building built in 2005 and zoned Light Commercial, currently 100% occupied.
Where is this retail space located?
The property is located at 752 East 17th Str Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,937,000.
What are key features of this property?
This property features: 6,000 SF retail building built in 2005 in Idaho Falls, ID; Zoned Light Commercial; Currently 100% occupied