Commercial
526 W Shoup Ave Suite H, J, I
Twin Falls, ID 83301
$660,000
PendingMLS® 99005794
Fully leased medical/professional office investment offered at $660,000 in Twin Falls, Idaho. Located at 526 Shoup Avenue West, Suites H, I & J, this approx. 8,525 SF property spans two parcels and pairs existing income with future leasing flexibility. At approx. $77.41/SF, the offering features $84,000 in annual base rent under the current NNN lease and an OM-reported 12.73% cap rate. Occupied by River View Eye Specialists through April 30, 2027, the lease includes a guarantor and prorated tenant reimbursements for taxes, insurance, and CAM. The layout includes 13 offices, seven clinic rooms, two waiting rooms, reception, kitchen, multiple restrooms, additional workspace, and basement storage. Approx. 14 adjoining parking spaces plus shared complex parking support patient, client, and employee access. Future separate leasing of Suites H & I and Suite J offers upside: the OM projects combined annual base rent of approx. $92,610, an $8,610 increase, subject to market conditions, leasing costs, and occupancy.
Interior
- Flooring Wood
- A/C Central Air
- Disability Feature Handicap Access
Exterior and Construction
- Construction materials Stone
- Exterior Paved Outside Area
- Roofing Flat
- Construction Stone, Basement
Utilities
- Utilities Sewer Connected, 110 Volt, 220 Volts, 3 Phase
- Water City Service
Land and Lot
- Lot size 0.2 acres (8,712 sq ft)
- Lot description Standard Lot 6000-9999 SF
Location and Zoning
- Zoning description C
- County Twin Falls
Schools
- School District Twin Falls School District 411
Tax and Legal
- Parcel number RPT2641000012K, RPT2641000012L
- Legal description Twin Falls Holohan Addn Tax #1626 Of Lot 12 (Parcels 8 & 9) (8-10-17 Sw) Twin Falls Holohan Addn 30' X 95' E & Adj To Tax #1626 Lot 12 (Parcel 10) (8-10-17 Sw)
Parking and Garage
- Garage 11 - 20 Spaces
Listing Information
- Listing Agent
- Shawn Barton
- Co-Listing Agent
- Francis Florence
- Listing Office
- Westerra Real Estate Group
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