Goodwill Pocatello | Pocatello, Idaho | 18,000 sq ft.
Headwater Capital, LLC presented an opportunity to invest in an 18,000 square foot commercial building in Pocatello, Idaho. The property is located on Yellowstone Avenue in the heart of Pocatello and boasts a traffic count of 25,611 vehicles per day. Headwater has secured a new 10-year NNN lease with Easter Seals-Goodwill Northern Rocky Mountain, Inc. for the entire building. The fully net lease has multiple 5-year extension options.
Headwater Capital will provide tenant improvements for the building of approximately $650,000 prior to Goodwill’s occupancy in September of 2019. These improvements are included in the $3,000,000 building cost.
Headwater Capital, LLC projects that this investment will produce average cash flow to our investing partners greater than 8% over a 10-year period. Projected IRR between 11-13%. The equity of $900,000 was offered to qualified investors.
To learn more about the possibility of earning long-term, reliable cash flow with Headwater Capital, contact Robert Kantor at RAKantor@HeadwaterCapital.com
