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Industrial Investment Opportunity | 216 South Park Avenue W. | For Sale

216 S Park Ave W, Twin Falls, ID 83301

  • For Sale $3,882,240
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 26,960 SF
  • Lot Size 2.46 SF
  • Additional Rent Contact for pricing
  • Date Updated Dec 15, 2024

We are pleased to present an exceptional investment opportunity at 216 S Park Ave, Twin Falls, Idaho, a premier commercial property occupied by a long-term credit tenant, Qwest Corporation, wholly owned by CenturyLink / Lumen Technologies. (NYSE: LUMN / S&P 600). Situated in the heart of the Twin Falls industrial corridor, this property benefits from a strategic location within one of the region’s most active commercial hubs.

The property features a new 5-year lease extension with CenturyLink, ensuring stable and predictable cash flow for the foreseeable future. The 25,000 SF fenced and paved lot offers significant upside potential as outside storage—a highly sought-after amenity in today’s industrial market.

With a robust tenant in place, priced well below replacement cost, a prime industrial location, and the ability to generate additional rental income, this asset presents a unique opportunity for investors seeking stability, growth, and strong market fundamentals.

216 South Park Avenue West offers the following advantages:
• Tenant has been in the building since 1959
• Huge amount of yard space, can be used for future development or leased out for additional income
• Low rents hedge against any downside risk
• Attractive 3% annual increases
• Priced well below replacement cost at just $144 PSF
• Property is positioned in the heart of the Twin Falls Industrial Corridor
• The population of Twin Falls is 53,000 people
• From 2010 to 2020, Twin Falls grew by about 17%. This increase is driven by economic opportunities in sectors like agriculture, food processing and outdoor tourism, making Twin Falls an attractive destination for both businesses and new residents
• Idaho has experienced more growth than any other state according to the US News World Report for 2024-2025
• Perfect Investment for the out of town investor, NNN lease, low maintenance

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Scott W. Raeber

Colliers

Location

Getting Around

  • Walk Score ®

    44/100 Car-Dependent

  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Twin Falls, ID
  • Zip Code 83301

Points of Interest

  • Stinker

    0.19 miles

  • Old Town Gas & Go

    0.80 miles

  • Chevron

    0.92 miles

  • Oasis Stop 'N Go

    1.42 miles

  • Stinker Station

    1.60 miles

  • Lynwood Shopping Center Building 1: Chevron

    1.81 miles

  • Sinclair

    1.85 miles

  • Tesla Supercharger

    3.57 miles

  • The Cage

    2.04 miles

  • Best Western Twin Falls

    2.75 miles

  • Magic Valley Mall

    3.17 miles

  • Dicks Mall Parking

    3.42 miles

  • Long Term Parking

    4.51 miles

  • Long Term Parking (Overflow)

    4.54 miles

  • Short Term Parking

    4.59 miles

  • Employee Parking

    4.61 miles

  • Rental Car Parking

    4.62 miles

  • RV-Parking

    5.24 miles

  • La Casita

    0.14 miles

  • Kelly's Diner

    0.73 miles

  • Norm's Family Dining

    0.83 miles

  • Gertie's

    0.87 miles

  • McDonald's

    0.94 miles

  • Little India

    1.00 miles

  • The Cove

    1.03 miles

  • Antojos Eatery and Café

    1.13 miles

  • Shake Out

    1.17 miles

  • Domino's

    1.45 miles

  • Idaho Youth Ranch

    0.73 miles

  • St Vincent's

    0.76 miles

  • Mustard Seed

    0.82 miles

  • Swensen's

    0.92 miles

  • Asian Food Market

    1.00 miles

  • Swensen's Market

    1.20 miles

  • Albertsons

    1.53 miles

  • Fred Meyer

    1.99 miles

  • Smith's

    2.05 miles

  • Grocery Outlet

    2.38 miles

  • VA Clinic

    0.83 miles

  • Twin Falls Police Department

    0.93 miles

  • St. Luke’s Canyon View Behavioral Health Services

    1.10 miles

  • Walgreens

    1.64 miles

  • Kurt's Pharmacy

    1.88 miles

  • Sawtooth Surgery Center

    1.89 miles

  • Twin Falls Fire Department Station 2

    2.61 miles

  • Walmart Pharmacy

    2.76 miles

  • St. Luke's Magic Valley Regional Medical Center

    2.85 miles

  • Milan Laser Hair Removal

    3.02 miles

Frequently Asked Questions

How much does Industrial Investment Opportunity | 216 South Park Avenue W. | For Sale cost?

The space currently listed for sale at Industrial Investment Opportunity | 216 South Park Avenue W. | For Sale asks for $3,882,240.

What is the total square footage of Industrial Investment Opportunity | 216 South Park Avenue W. | For Sale?

Industrial Investment Opportunity | 216 South Park Avenue W. | For Sale totals 26,960 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Scott W. Raeber

Colliers