Two, professional, office-space buildings located in the direction of growth inside Rexburg, Idaho. 6% cap rate. Both buildings are currently being utilized as office/call center spaces but have capable floor plans that could easily be manipulated to accommodate and fit just about any business. Buildings are located just off of N 2nd East near Walmart Supercenter and just down the road from a future Wendy's, car wash, and 2nd Temple. The larger of the two buildings, 1216 Stocks Avenue, features 14 offices, 3 conference rooms, 5 restrooms, 2 larger reception areas, 1 kitchen area, and an elevator for handicap access (elevator has not recently been serviced or used). This building has been being utilized as a call center with roughly 117 employees. The smaller building, 1190 Stocks Avenue, has 6 offices, 3 larger call center rooms, 4 restrooms (2 on each level), a reception area and a break-room/kitchen area and is currently being utilized by a real estate office as well as a call center. These are sturdy brick buildings with granite in the restrooms and gas heating and air conditioning. Network ready. Both buildings share a good sized off-street parking lot. Combined monthly income totals around $16,000.
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