- For Sale $14,560,000
- Property Type Office - General Office
- Property Size 60,044 SF
- Lot Size 2.07 Acre
- Additional Rent Contact for pricing
- Building Class B
- Year Built 1977
- Date Updated Nov 16, 2024
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Attachments
Highlights
- Portfolio of three fully leased professional office properties, totaling 60,044 SF on 2.9 acres of land across the three locations.
- Two of the properties are located in the Pocatello market, at 275 S. 5th Avenue and 202 W. Alameda Road, and the third in Burley, at 1031 & 1041 E. Main Street.
- Prominently positioned while diversely spread apart in the communities they are in.
- Close proximity to the area’s most frequented retail corridors and excellent visibility on major traffic corridors.
- Occupied by the current owner and long-term tenant Lookout Credit Union, who will continue to lease back their existing space from the future owner in these three highly successful locations.
- The new lease will commence upon closing, for 15 years with 2, 5 year renewal options and 2% annual increases.
- Strong, established primary tenant — Lookout Credit Union is a leader in banking, with locations across Southeastern Idaho.
- This offering provides a hard-to-come-by cap rate on a stable and diversified portfolio with well-maintained properties.
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Contacts
Location
Getting Around
-
Walk Score ®
88/100 Very Walkable -
Bike Score ®
74/100 Very Bikeable
- City Pocatello, ID
- Zip Code 83201
Points of Interest
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Sinclair
0.74 miles
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Maverik
1.27 miles
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Fred Meyer
1.75 miles
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Common Cents
1.87 miles
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Shell
2.38 miles
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Chevron
2.39 miles
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Phillips 66
2.41 miles
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Tesla Supercharger
2.43 miles
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Free Parking Lot 2 - Old Town Pocatello
0.46 miles
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Free Parking - Old Town Pocatello
0.51 miles
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Idaho National Laboratory
3.38 miles
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Black Swan Inn
0.21 miles
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The Monarch Hotel
0.42 miles
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Thunderbird Motel
0.81 miles
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Hampton
1.32 miles
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Courtyard
1.47 miles
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Holiday Inn Express & Suites Pocatello
1.49 miles
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TownePlace Suites Pocatello
1.50 miles
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Fairfield Inn and Suites
1.55 miles
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Red Lion Hotel
2.31 miles
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Comfort Inn
2.42 miles
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Little Caesars
0.05 miles
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Oliver's
0.09 miles
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Buddy's Italian Restaurant
0.09 miles
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Papa John's
0.12 miles
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New Hong Kong
0.13 miles
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Tom's Gyros and Burgers
0.18 miles
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Jimmy John's
0.23 miles
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Taste Of Hawaii
0.42 miles
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The Yellowstone Restaurant
0.42 miles
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Thai Paradise Cuisine
0.42 miles
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Washington Elementary School
0.42 miles
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Pocatello High School
0.59 miles
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Bonneville Elementary School
0.68 miles
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Pocatello Community Charter School
0.71 miles
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Greenacres School
0.93 miles
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Irving Middle School
1.01 miles
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Idaho State University
1.10 miles
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Roosevelt Center
1.16 miles
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Roosevelt Elementary School
1.17 miles
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Franklin Junior High
1.29 miles
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ABC Kid City Daycare
0.50 miles
Frequently Asked Questions
How much does Lookout Credit Union Portfolio cost?
The space currently listed for sale at Lookout Credit Union Portfolio asks for $14,560,000.
What is the total square footage of Lookout Credit Union Portfolio?
Lookout Credit Union Portfolio totals 60,044 square feet.
When was this property built?
Lookout Credit Union Portfolio was built in 1977.
Looking for more in-depth information on this property?
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Contact Listing Broker
Darren Puetz
TOK Commercial