Industrial Sale Leaseback

2540 S 5000 W, Driggs, ID

Deal Type:

Sale Leaseback

Price:

$3,991,063

Cap Rate:

7.90%

Current Rent:

$315,294

Lease Type:

Triple Net

Lease Term:

15 years

Landlord Responsibilities:

None

Renewal Options:

Four, 5-Year

Building Sq. Ft.:

60,056 SF

Rent Increases:

2.5 - 3.0% Annual

Site Size:

20 Acres

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Investment Highlights

Long-term (15-year) absolute triple net lease with annual escalations
Leading fresh potato distributor, shipping nearly 800 million pounds of Potatoes year-over-year
Experienced management team with 30+ years of operating history
Diversified customer base with notable blue-chip customers such as Wal-Mart, Costco, Meijer, and Kroger, among others
Mission critical property due to distribution capabilities and location adjacent to one of the company’s largest potato farms

Listing Agents

In Association with Scott Reid & ParaSell, Inc. | A Licensed Idaho Broker #CO50030

Due Diligence

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Industrial Sale Leaseback

Investment Highlights

Listing Agents

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