2205 17Th St Idaho Falls, ID 83404
- Retail properties
- 49,871 SF
Current Use by Public Records
- Cricket Wireless Authorized Retailer / Cell Phone Store
Property Details for 2205 17Th St
- Year built
- 1991
- Property size
- 49,871 SF
- Property type
- Retail properties
Description
This exceptional retail property, Centennial Square, located at 2205 E 17th St, Idaho Falls, ID 83404, offers a compelling investment opportunity. The 49,871 square foot center boasts a strong tenant roster including Cricket Wireless, Worksteer Staffing, Evergreen China Buffet, Security Finance, Phenix Salon Suites, LT Nails Salon, Bobs Indoor Golf, Seagull Book, Work Wear House, Watersprings Thrift, Amazing Donuts, Papa Kelseys, One Main Financial, The Caramel Tree, and Once Upon a Child. Built in 1991, the property features a newer roof and ample parking, ensuring convenience for both tenants and customers. The property is offered at an asking price of $8,199,000, with a Net Operating Income (NOI) of $513,535. The lease type is NNN (Triple Net), with a projected Triple Net income of $150,895 in 2024. The long-term tenants contribute to a stable and predictable income stream, making this a desirable asset for investors seeking a strong return on investment in a thriving Idaho Falls location. This property presents a rare opportunity to acquire a well-established, income-producing retail center in a prime location with significant upside potential. Further details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Idaho Falls
- County
- Bonneville
- State
- Idaho
- Longitude
- -111.99
- Latitude
- 43.4825
