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6.84% CAP NNN Investment Garden City 104-108 W 31st St 13,113 SF 100% Leased Flex Building Garden City, ID 83714 $2,600,000 ($198.28/SF) 6.84% Cap Rate
Investment Highlights
- Excellent turnkey NNN Investment in the heart of Garden City with 7 units 100% Leased
- Located one block off Chinden Boulevard with 34,000+ VPD
- Beautifully renovated and maintained property with excellent lease history
- Highly versatile mixed use building with blended retail, office and warehouse with fenced yard
- Well-connected location next to I-84 Connector on ramp. Less than 5 minutes from Downtown Boise
Executive Summary
Property Investment Idaho is pleased to present The Art Block, an exceptional investment opportunity in Garden City, Idaho. This completely renovated mixed-use property, formerly housing two tenants, now offers seven versatile units seamlessly blending retail, office, and warehouse spaces. Positioned off Chinden Boulevard with 37,500 VPD, The Art Block boasts prime accessibility to Downtown Boise and the I- 84 connector, appealing to a diverse range of tenants. Under market rent provide attractive upside potential. The Art Block stands as a solid investment choice in this high-demand location. Please do not disturb tenants. Call to schedule showing.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Yard
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- 8-bit Barber
- Services
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
- BTG Distribution
- Wholesaler
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
- Colvita Creative
- Services
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99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
- Kindness Ai
- Professional, Scientific, and Technical Services
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
- Little Studio Collective
- Arts, Entertainment, and Recreation
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99,999 SF
- -
- -
- -
- Outwest Studios
- Services
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99,999 SF
- -
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Lorem Ipsum
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- The Studio
- Services
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99,999 SF
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| 8-bit Barber | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| BTG Distribution | Wholesaler | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Colvita Creative | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Kindness Ai | Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Little Studio Collective | Arts, Entertainment, and Recreation | 99,999 SF | - | - | - | |
| Outwest Studios | Services | 99,999 SF | - | Lorem Ipsum | - | |
| The Studio | Services | 99,999 SF | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suite 104 offers a rare blend of retail, office and creative work space. This 1,898 sqft space features a lobby, break room, four private offices, space for storage or conference room, and two restrooms. This suite offers a versatile layout to meet a variety of businesses, ideal for companies seeking a dynamic, adaptable headquarters.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 104 | 1,898 SF | Flex | Full Build-Out | 30 Days |
1st Fl - 104
| Size |
| 1,898 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl - 104
| Size | 1,898 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | 30 Days |
Suite 104 offers a rare blend of retail, office and creative work space. This 1,898 sqft space features a lobby, break room, four private offices, space for storage or conference room, and two restrooms. This suite offers a versatile layout to meet a variety of businesses, ideal for companies seeking a dynamic, adaptable headquarters.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,043,700 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,043,700
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6.84% CAP NNN Investment Garden City | 104-108 W 31st St
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