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7,088 SQ FT Commercial Medical/Dental Office with Great Highway Visibility and Access. NEW BUILD

Market Price

243 East Fremont Avenue, Rigby, ID 83442

Active
Last Updated: 03/24/2022

7

Cap Rate

9

Cash-on-Cash

Details:
Cap Rate:    7%
Cash-on-Cash:    9%
Building Size:    7,088 sqft
Lot Area:    14,400 sqft
Class:    A
Units:    2
Year Built:    2022
Price Per Sqft:    $282
Price Per Unit:    $1,000,000
Zoning:    Commercial/Residential
Tenancy:    Multiple
Parking Spots:    26
Investment Strategy:    Opportunistic
Highlights:
  • Roughed in Medical Grade Nitrous Oxide Gas Lines
  • Roughed in Electrical, Plumbing, & Mechanical work Finished
  • Large 26 space parking paved with French Drain drainage system
  • Insulated Concrete Foam (ICF) Construction eliminates road noise and increases energy efficient
  • Building Exterior finished with Beautiful Masonry and Stucco with High Efficiency Windows
  • Interior fully framed & ready for Drywall, Mud, and Buyer Customization
  • Located off of Highway 20 with Superb visibility and Access for Marketing
  • Located adjacent to New High-End Commercial Builds.
  • Wired and approved for up to 100 SQ FT fixed signage to SE corner of building which faces Highway 20
Description:

This Spacious 7,100 SQ FT Medical/Dental/General office Building is divided into two units. The 1st floor is designed to be a 5,200 SQ FT modern Dental/Medical office with a large 6'x5' high efficiency window in each of the 13 Patient Room. An Operations Galley that stretches between the patient rooms consists of custom designed rooms for; sterilization, radiography, mechanical, laboratory, & supply storage. The 1st floor also comes equipped with a large staff room, 3 Commercial/Public Restrooms, 2 Full Private Dr. Offices with 2 additional Full Private Bathrooms (toilet, sink, shower), Office Manager Office, Social Media Room, and spacious storage. In addition to the Grade A Medical/Dental Suite on the first floor, this unique opportunity offers unique 1,900 SQ FT of Class A office space with stunning views of Highway 20 and and surrounding Rigby Countryside. Positioned equal distance between downtown Idaho Falls and downtown Rexburg, this office space offers professionals easy access to both “city centers,”.

Highlights include, completed county framing inspection (construction finished up to Drywall/Mud - Rough-in of Plumbing, Electrical, Mechanical FINISHED), high quality insulated concrete form (ICF) construction (eliminates road noise and increase energy efficiency), high energy efficiency design (96% Furnace, Windows, Doors, ICF), great visibility from Highway 20 (Wired and approved for up to 100 SQ FT fixed signage to SE corner of building which faces Highway 20), easy access to Rigby amenities, fully plumbed medical/dental operatories (Medical Grade Gases, Vacuum, Air, Water), and a 4 ' crawl space for easy access to all services (electrical, plumbing, & mechanical systems).

Map:
Documents:
Title
UPDATED_2ND_FLOOR__2_.pdf
UPDATED_1ST_FLOOR__2_.pdf
UPDATED_CRAWL_SPACE__2_.pdf
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Location
Gallery