Star, Idaho
PROPERTY SUMMARY
Price: $3,522,000
Net Operating Income*: $211,320
Cap Rate: 6.00%
Net Rentable Area: 4,993 SF
Lot Size: 0.80 Acres
Year Built: 2025
Parking Spaces: 17 Stalls
*Analysis Period: 8/1/2026-7/31/2027
LEASE TERMS
Rent Commencement: 09/01/2025
Lease Expiration: 12/31/2040
Lease Type: NNN
Lease Terms: 15 Years
Annual Rent Escalations: 2.5% Starting 1/2029
Option Periods: 2 x 5 Years
Common Area Expenses: Tenant Responsibility
Property Taxes: Reimbursed by Tenant
Property Insurance: Reimbursed by Tenant
Roof & Structure: Tenant Responsibility