Well located multi tenant neighborhood retail asset situated within the Albertsons and Cal Ranch trade area. The property benefits from strong daily traffic generators, excellent visibility, and convenient access with ample on site parking. The surrounding retail corridor supports consistent foot traffic and repeat customer demand. The tenant mix is service and necessity oriented, supporting stable occupancy and reliable cash flow. Leases provide a clear and straightforward income stream with limited operational complexity. Expense structure is easy to underwrite, making this an attractive asset for investors seeking predictable performance rather than discretionary retail exposure. In place rents offer immediate income with future upside through contractual increases and market rent alignment over time. The property functions as a true neighborhood service center, positioning it well for long term hold investors focused on durability, simplicity, and income stability in a proven retail location.
Property Details
Price:
$1,110,000
MLS #:
2181251
Status:
Active
Baths:
0
Type:
Commercial
Listed Date:
Jan 2, 2026
Finished Sq Ft:
5,700
Lot Size:
27,442 sqft / 0.63 acres (approx)
Year Built:
1990
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Taxes
$6,433
Map
Community
- Address510 2nd E REXBURG ID
- CityREXBURG
- CountyMadison
- Zip Code83440
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