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16101 Idaho Center Blvd 2,370 SF Retail Building Nampa, ID 83687 $2,535,922 ($1,070.01/SF) 5.15% Cap Rate
Investment Highlights
- The property is currently under an Absolute Triple Net (NNN) Lease with no landlord responsibilities.
- Located off Interstate 84 with over 122,000 +VPD and Idaho center Blvd with 30,000 +VPD.
- Nampa, Idaho has an extremely strong population growth, growing 16.8% from 2020 to 2024.
Executive Summary
Introducing Single-Tenant Jack in the Box, Idaho, a prime net-leased investment opportunity located at 16101 N. Idaho Center Blvd, Nampa, Idaho. This remodeled property features a 5.15% cap rate with an absolute NNN lease to Jack in the Box, Inc., a corporate tenant with over 2,200 locations worldwide. With over 4 years remaining on the lease term and strong financials, this property is a perfect 1031 exchange option for passive investors. Situated in a high-traffic area across from the 'Ford Idaho Center' venue in the rapidly growing Boise MSA, the site benefits from 30,000+ vehicles per day. Don't miss this chance to acquire a solid investment with a reliable tenant, long-term lease, and promising growth potential in the thriving community of Nampa, Idaho.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,370 SF
Building Class
B
Year Built
2009
Price
$2,535,922
Price Per SF
$1,070.01
Cap Rate
5.15%
NOI
$130,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.77 AC
Zoning
CG
Parking
24 Spaces (10.13 Spaces per 1,000 SF Leased)
Frontage
67’ on Can-ada Rd
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 3106710800 | Improvements Assessment | $1,497,660 |
| Land Assessment | $684,240 | Total Assessment | $2,181,900 |
Property Taxes
Parcel Number
3106710800
Land Assessment
$684,240
Improvements Assessment
$1,497,660
Total Assessment
$2,181,900
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16101 Idaho Center Blvd
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