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Rare Mountain West Walgreens - Low Price Point

6195 S. Five Mile, Boise, ID 83709

N/A

14,820 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
14,820 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
1%
Cap Rate:
6.40%
Occupancy:
100%
Tenancy:
Single
Year Built:
2010
Lot Size:
1.74 AC
Listing ID
17082973
Last Updated
over 1 year ago

Highlights

  • Rare Mountain West Walgreens
  • Great corner with over 34,000 cars per day
  • Established neighborhood with new growth
  • Low rent and purchase price
  • Next closest Walgreens is 3 miles north
  • 24 years remaining on firm lease term

Description

Unique opportunity to buy a Walgreens with a lower rent, for a lower purchase price, in a terrific area. Over the next decade, this neighborhood will see lots of new residential growth. Strong incomes.

Small neighborhood type shopping center that has been out there for 30 years. Middle and elementary schools within a mile. Older, established neighborhoods that have seen new growth over the last five years. Access coming from both directions. Traffic counts are approximately 34,000 cars per day at intersection.

Next closest Walgreens is 3 miles north.

Boise is the capital and most populous city of the U.S. state of Idaho as well as the county seat of Ada County. Located on the Boise River, this is the most populated city of the Boise City-Nampa metropolitan area and the largest city between Salt Lake City, Utah and Portland, Oregon. As of the 2010 Census Bureau, Boise' s city population was 205,671, making it the fourth largest city in the American Pacific Northwest. The Boise metropolitan area is estimated to have 585,207 inhabitants, by far the most populous metropolitan area in Idaho. It is also the 98th largest US city by population.

Map of 6195 S. Five Mile, Boise, ID 83709 (Ada County)

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