275 5Th AvePocatello, ID 83201

This exceptional investment opportunity presents a portfolio of three fully leased Class B executive office buildings totaling 60,044 net rentable square feet situated on approximately 2.9 acres of land. The portfolio comprises three distinct locations: 275 S 5th Ave and 202 W. Alameda Road in Pocatello, Idaho, and 1031 & 1041 E. Main Street in Burley, Idaho. Each property enjoys high visibility and proximity to major retail corridors. The buildings, constructed in 1952 and renovated in 2021, are currently 100% occupied by Lookout Credit Union under a new 15-year lease commencing at closing, including two five-year renewal options with a 2% annual rent increase. The lease generates a substantial net operating income (NOI) of $1,200,880, resulting in an attractive 8.24% capitalization rate. The properties are zoned CG (Commercial General) by the City of Pocatello and C2 by the City of Burley. Individual lot sizes range from 14,985 to 90,169 square feet, and building sizes range from 3,137 to 53,749 square feet. This portfolio offers a rare opportunity to acquire a stable, diversified investment with a strong, established tenant and a compelling cap rate. The asking price for this exceptional investment is $14,560,000.