Parking Lot For Sale • 18,295 SF
Stabilized, income producing food truck pavilion offered as land and business. Five of six stalls leased to established operators on annual leases at $1,000 per stall per month, producing $46,106 in place NOI with near term lease up to $58,106 pro forma at the six stall city permitted capacity. Hard corner at Old Highway 95 and Highway 54, directly off the Athol Exit, serving a trade area with limited dining inventory. Purpose built improvements include paved parking with accessible stalls, individually metered electric, on site water, and city approved sanitary facilities. Owner managed with a lean operating expense profile. Minutes from Silverwood Theme Park, Farragut State Park and Lake Pend Oreille.
| Five of six stalls leased to established operators on annual leases at $1,000 per stall per month |
| $46,106 NOI in place; $58,106 pro forma at the city permitted six stall capacity |
| Hard corner at Old Highway 95 and Highway 54, directly off the Athol Exit on US 95 |
| Purpose built: paved parking, individually metered electric, on site water, city approved sanitary facilities |
| Primary food service destination for a trade area with limited dining inventory |
| Minutes from Silverwood Theme Park, Farragut State Park and Lake Pend Oreille |