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Paul Bunyan Plaza Multi-Tenant NNN Leased Inv 1500 E Deer Flat Rd 6,528 SF 100% Leased Retail Building Kuna, ID 83634 $4,893,504 ($749.62/SF) 5.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Newly Constructed Multi-Tenant Retail Center in the Paul Bunyan Plaza
  • 10 Year NNN Leases with Rental Increases & Renewal Options
  • Located Within an Established and Expanding Commercial Corridor
  • Credit Tenants - Panera Bread & Pac Dental
  • Tenant Openings are Scheduled for Q1 2026
  • Shadow Anchors Include Grocery Outlet, Burger King, Circle K, & Frontier Credit Union

EXECUTIVE SUMMARY

Investment Opportunity | New Construction Multi-Tenant Retail | Kuna, Idaho.
Summit Commercial Real Estate Group presents this 6,528 square foot new construction multi-tenant retail investment located at a signalized intersection in the rapidly growing city of Kuna, Idaho. Construction is well underway, with both tenants completing interior build-outs and scheduled to open in the first quarter of 2026. The property is positioned in a high-traffic, high-visibility corridor with direct access to Interstate 84 and strong surrounding retail synergy. Kuna has experienced substantial growth in recent years, and the city’s comprehensive plan projects the population to more than double by 2040.
The property benefits from excellent traffic exposure, with more than 21,000 vehicles per day along Meridian Road / Highway 69 and approximately 11,500 vehicles per day along Deer Flat Road. The surrounding five-mile trade area features a 2025 population of 65,035, which is projected to increase to 73,407 by 2030, along with 22,151 households, a median household income of $105,653, and an average household income of $141,889.
Tenancy includes Panera Bread and Pac Dental, each operating under a 10-year lease term, providing long-term income stability. The building is located within an established and expanding commercial corridor that includes numerous national and regional retailers, restaurants, and service providers, creating strong traffic drivers and daily needs demand. Landlord responsibilities are limited to the roof, structure, foundation, and utility lines outside the premises.
This offering presents investors with new construction, long-term leases, credit tenancy, and exposure to one of the fastest-growing markets in the Treasure Valley. Contact the listing agents for additional information, and tour details.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
6,528 SF
Year Built
2026
Construction Status
Under Construction
Price
$4,893,504
Price Per SF
$749.62
Cap Rate
5.75%
NOI
$281,376
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.26 AC
Zoning
C-2 - Community Commercial
Parking
49 Spaces (7.51 Spaces per 1,000 SF Leased)
Frontage
200’ on Meridian Road

AMENITIES

  • 24 Hour Access
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru
  • Storage Space
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Pacific Dental Services
  • Health Care and Social Assistance
  • 3,333 SF
  • $42.00
  • Triple Net
  • -
  • Panera
  • Services
  • 3,142 SF
  • $45.00
  • Triple Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Pacific Dental Services Health Care and Social Assistance 3,333 SF $42.00 Triple Net -
Panera Services 3,142 SF $45.00 Triple Net -

NEARBY MAJOR RETAILERS

Beans & Brews Coffee House
Ridley's Family Markets
Grocery Outlet
Smoky Mountain Pizzeria Grill
Cafe Rio
Moxie Java
Albertsons
Arctic Circle
  • Listing ID: 39066561

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: 1500 E Deer Flat Rd, Kuna, ID 83634

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