216 S Park Ave W | Twin Falls, ID 83301
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216 S Park Ave W
Twin Falls, ID 83301
Industrial Property For Sale
Executive Summary
We are pleased to present an exceptional investment opportunity at 216 S Park Ave, Twin Falls, Idaho, a premier commercial property occupied by a long-term credit tenant, Qwest Corporation, wholly owned by CenturyLink / Lumen Technologies. (NYSE: LUMN / S&P 600). Situated in the heart of the Twin Falls industrial corridor, this property benefits from a strategic location within one of the region’s most active commercial hubs.
The property features a new 5-year lease extension with CenturyLink, ensuring stable and predictable cash flow for the foreseeable future. The 25,000 SF fenced and paved lot offers significant upside potential as outside storage—a highly sought-after amenity in today’s industrial market.
With a robust tenant in place, priced well below replacement cost, a prime industrial location, and the ability to generate additional rental income, this asset presents a unique opportunity for investors seeking stability, growth, and strong market fundamentals.
The property features a new 5-year lease extension with CenturyLink, ensuring stable and predictable cash flow for the foreseeable future. The 25,000 SF fenced and paved lot offers significant upside potential as outside storage—a highly sought-after amenity in today’s industrial market.
With a robust tenant in place, priced well below replacement cost, a prime industrial location, and the ability to generate additional rental income, this asset presents a unique opportunity for investors seeking stability, growth, and strong market fundamentals.
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 26,960 SF |
| Net Initial Yield | 6% | Number of Floors | 1 |
| Property Type | Industrial | Year Built | 1975 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Lot Size | 1.72 AC | Level Access Doors | 4 |
| Sale Type | Investment |
| Net Initial Yield | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.72 AC |
| Rentable Building Area | 26,960 SF |
| Number of Floors | 1 |
| Year Built | 1975 |
| Tenancy | Single |
| Parking Ratio | 0.96/1,000 SF |
| Level Access Doors | 4 |
Amenities
- Fenced Lot
PROPERTY TAXES
| Parcel Number | RPT0841000003DA | Improvements Assessment | £948,146 |
| Land Assessment | £182,617 | Total Assessment | £1,130,763 |
PROPERTY TAXES
Parcel Number
RPT0841000003DA
Land Assessment
£182,617
Improvements Assessment
£948,146
Total Assessment
£1,130,763
zoning
| Zoning Code | M-2 |
| M-2 |
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