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Single-Tenant Office

RISE Services, Inc. | 45+ Unit Tenant with $119M Revenue

1993 E 8th N, Mountain Home, ID 83647

Listing Price: $1,542,000

Cap Rate
6.50%
Tenant Name
RISE Inc.
Years Remaining On Lease
13.6
Gross SF
15,271
Guarantor
Corporate Guarantee
Rentable SF
15,271
Price/Gross SF
$100.98
Lease Type
Double Net
Rent Per Square Feet
$6.56

Investment Overview

Marcus & Millichap is pleased to present for sale RISE Services in Mountain Home, Idaho. RISE is an innovative human services network originally established in 1987 for the purpose of moving individuals living in institutions into family settings. Since that time, services have grown to support children, adults, and families with a variety of needs across multiple states.

A vibrant community of over 15,000 residents, Mountain Home is the largest city and county seat of Idaho's Elmore County. In the early 1800's, this region was the scene of Lewis and Clark's historic expedition.

Investment Highlights

  • 14 Years Remaining on Corporate-Guaranteed Lease with RISE Services, Inc.
  • Two Percent Annual Rental Increases
  • Subject Property was Recently Renovated in 2021
  • Down the Road from Walmart Anchored Retail Center - Other Tenants Include Grocery Outlet, McDonald's, Taco Bell, Dutch Bros Coffee, and Wendy's
  • Less than One Mile Off I-84, a Major Idaho Connector with Direct Access to Boise
  • 20,247 Residents Within a Five-Mile Radius in a Growing Trade Area
  • 20 Minutes from Mountain Home Air Force Base, the City's Largest Employer
  • One Mile from St. Luke's Elmore Medical Center, a 25-Bed Hospital and Emergency Room Serving the Greater Elmore County Area

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) ID: DB54599

    Idaho

Financing By

Single-Tenant Office

RISE Services, Inc. | 45+ Unit Tenant with $119M Revenue

Listing Price: $1,542,000

Cap Rate
6.50%
Tenant Name
RISE Inc.
Years Remaining On Lease
13.6
Gross SF
15,271
Guarantor
Corporate Guarantee
Rentable SF
15,271
Price/Gross SF
$100.98
Lease Type
Double Net
Rent Per Square Feet
$6.56

Investment Highlights

  • 14 Years Remaining on Corporate-Guaranteed Lease with RISE Services, Inc.
  • Two Percent Annual Rental Increases
  • Subject Property was Recently Renovated in 2021
  • Down the Road from Walmart Anchored Retail Center - Other Tenants Include Grocery Outlet, McDonald's, Taco Bell, Dutch Bros Coffee, and Wendy's
  • Less than One Mile Off I-84, a Major Idaho Connector with Direct Access to Boise
  • 20,247 Residents Within a Five-Mile Radius in a Growing Trade Area
  • 20 Minutes from Mountain Home Air Force Base, the City's Largest Employer
  • One Mile from St. Luke's Elmore Medical Center, a 25-Bed Hospital and Emergency Room Serving the Greater Elmore County Area

Investment Overview

Marcus & Millichap is pleased to present for sale RISE Services in Mountain Home, Idaho. RISE is an innovative human services network originally established in 1987 for the purpose of moving individuals living in institutions into family settings. Since that time, services have grown to support children, adults, and families with a variety of needs across multiple states. A vibrant community of over 15,000 residents, Mountain Home is the largest city and county seat of Idaho's Elmore County. In the early 1800's, this region was the scene of Lewis and Clark's historic expedition.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): ID: DB54599

    Idaho

Financing By

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