880 & 800 Kootenai Cutoff Rd, Ponderay, ID 83852

INCOME PROPERTY 7.6% CAP RATE. Two COMMERCIAL buildings on separate legal parcels located in Ponderay on a busy commercial corridor near Walmart, Home Depot, Starbucks, Verizon, GoodWill, O Reilly s Auto, North 40 & more. Excellent VISIBILITY & ACCESS and plenty of PARKING. Sold together or separate. Property is in the process of a REPLAT and BOUNDARY LINE ADJUSTMENT. The corner property (880) has a 6400+/-sf bldg (built in 2007) on 0.62 acres of land, occupied by Elite Tire. Bldg features 1 above grade loading dock & multiple drive through bays. Second property (800) has a 9917+/-sf FULLY LEASED multi-tenant building on 0.75 acres of land. Property demised into 5 separate spaces (2 retail, 3 warehouse) with 100% occupancy - 3 tenants on modified gross leases: Floor Show (since 2007), Elite Tire (overflow) & Pawn, Inc (since 2007). Tenants share in several expenses including CAM & Management. Both properties are zoned INDUSTRIAL in City of Ponderay; several permitted uses allowed.