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4132 Haroldsen Dr, Idaho Falls, ID, 83401

4132 Haroldsen Dr

$2,867,000

Key Information

Cap Rate
6%
$ per SF
$118
Tot. SF
24,240
Lot Size
2.68 Acres
Year Built
2005 / 2020 (R)
Term Remaining
± 3.5 Years
Type
Industrial
NOI
$172,015

Highlights

  • STRONG NATIONAL CREDIT TENANT
    L&W Supply, an ABC Supply company, is a leading distributor of interior building products, operating 270+ locations nationwide. As part of ABC Supply Co., Inc., North America’s largest wholesale distributor of roofing materials with 1,000+ locations and $20+ billion in annual revenue, L&W Supply benefits from the backing of one of the most established building products distributors in North America.
  • RECENT NEW CONSTRUCTION IMPROVEMENTS
    In 2020, the property underwent significant site improvements, including the addition of a ±4,200 SF awning, a ±6,800 SF storage shed, new 24-foot gates, and newly paved asphalt throughout the yard. These improvements further enhance the property’s functionality for L&W Supply’s operations and demonstrate the tenant’s long-term commitment to the site, as the layout and improvements were tailored to support their specific storage, staging, and distribution needs.
  • STRATEGIC EASTERN IDAHO INDUSTRIAL LOCATION / MULTIMODAL TRANSPORTATION
    Located in Idaho Falls, the subject property benefits from a strategic Eastern Idaho location with strong regional connectivity via I-15, US-20, and US-26, providing efficient access throughout Idaho, Utah, Montana, Wyoming, and the broader Intermountain West. The location is further enhanced by proximity to Idaho Falls Regional Airport, regional rail infrastructure, and Idaho Falls’ role as a key commercial hub for Eastern Idaho, supporting demand from agriculture, food processing, energy, manufacturing, logistics, and industrial users across the region.
  • BELOW MARKET IOS RENT
    The ±24,240 SF warehouse sits on an ±2.68-acre lot, representing approximately 21% building-to-lot coverage, with an asphalt yard that creates a highly functional Industrial Outdoor Storage (IOS) configuration. Given the excess paved yard area, secure outdoor storage capabilities, and limited supply of comparable IOS product in Idaho Falls, the current rent is considered meaningfully below market.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # DB46145, CO56879 (ID)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203