3015 25th E Ammon, ID 83406-5730
- Strip malls
- 33,982 SF
- 4.21 lot acres
Apr 30, 2025
Current Use by Public Records
- Strip malls
Property Details for 3015 25th E
- Year built
- 2007
- Lot size
- 4.21 lot acres
- Property size
- 33,982 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- RPB3317005002O
- APU
- RPB3317005002O
Description
This exceptional Class A shopping center, Teton Spectrum Center, presents a compelling investment opportunity in Ammon, Idaho. Located at 3015 S 25th E, this single-story, 33,802 square foot property sits on a 4.21-acre lot and boasts a 100% occupancy rate with seven tenants. The building, constructed in 2007, features a modern design and enjoys high visibility on a major retail thoroughfare experiencing over 42,000 vehicles daily. The tenant mix includes a diverse range of businesses, secured by franchisee and corporate guarantees, ensuring strong financial performance. The property's stabilized investment status offers a compelling 6.85% cap rate and a current Net Operating Income (NOI) of $681,089, with an asking price of $9,950,000 ($294.36/sq ft). Rent bumps are included in the lease agreements. The property benefits from its strategic location near major schools, Grand Teton Mall, healthcare facilities, and numerous dining and retail options, contributing to consistent foot traffic and a robust customer base. This Ammon, ID (zip code 83406) location is part of a rapidly growing area with strong demographics, making this a prime retail investment. The triple-net (NNN) lease structure minimizes landlord responsibilities.
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
- Ammon
- County
- Bonneville
- State
- Idaho
- Longitude
- -111.982
- Latitude
- 43.47
- CBSA code
- 26820
- CBSA name
- IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA
