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16810 Northside Blvd 260,000 SF 4-Star Industrial Building Nampa, ID 83687 $38,500,000 ($148.08/SF) 5.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 260,000 SF Industrial Building
- Modern Features: ESFR, LED and motion sensors
- Light Industrial zoning (IL) allows for a wide variety of industrial uses
- Immediate access to high-growth Nampa population and 1.3 miles to I-84
- Divisible down to 28,000 SF
EXECUTIVE SUMMARY
CBRE is pleased to present the opportunity to acquire 16810 Northside Blvd. (“The Property”), a brand new, 260,000 SF industrial building on 13.4 acres in Nampa, ID. The Property features best in class specs including a 151’ truck court, excess trailer parking, 32’ clear height, LED lighting, and ESFR fire suppression.
The recently completed property is 100% net leased through July, 2030 to Amalgamated Sugar Company, one of the largest sugar producers in the United States. The mission critical Property is across the street from Amalgamated Sugar’s ±540,000 SF sugarbeat refining plant, where it will serve as a warehouse and distribution center through its distribution arm, National Sugar Marketing. The nearby manufacturing plant is one of three in Idaho and is central to Amalgamated Sugar’s operations, making 16810 Northside Blvd. critical to their supply chain operations.
Nampa is one of the fastest growing industrial submarkets in the Western U.S., with tenant demand bolstered by strong population growth and quick access to affluent communities between Meridian and Nampa via the I-84 freeway. The is a rare opportunity to acquire a brand new industrial building with stable cash flow in the most
desirable submarket in Boise.
Asking price: $38.5M | $148 PSF | Year 1 Cap: 5.6% | Market Cap: 6.5%
The recently completed property is 100% net leased through July, 2030 to Amalgamated Sugar Company, one of the largest sugar producers in the United States. The mission critical Property is across the street from Amalgamated Sugar’s ±540,000 SF sugarbeat refining plant, where it will serve as a warehouse and distribution center through its distribution arm, National Sugar Marketing. The nearby manufacturing plant is one of three in Idaho and is central to Amalgamated Sugar’s operations, making 16810 Northside Blvd. critical to their supply chain operations.
Nampa is one of the fastest growing industrial submarkets in the Western U.S., with tenant demand bolstered by strong population growth and quick access to affluent communities between Meridian and Nampa via the I-84 freeway. The is a rare opportunity to acquire a brand new industrial building with stable cash flow in the most
desirable submarket in Boise.
Asking price: $38.5M | $148 PSF | Year 1 Cap: 5.6% | Market Cap: 6.5%
PROPERTY FACTS
| Price | $38,500,000 | Rentable Building Area | 260,000 SF |
| Price Per SF | $148.08 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 2025 |
| Cap Rate | 5.60% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 32’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 53 |
| Building Class | B | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 20.00 AC | ||
| Zoning | L1 - Light Industrial | ||
| Price | $38,500,000 |
| Price Per SF | $148.08 |
| Sale Type | Investment NNN |
| Cap Rate | 5.60% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 20.00 AC |
| Rentable Building Area | 260,000 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Tenancy | Single |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 53 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | L1 - Light Industrial |
UTILITIES
- Lighting
- Heating - Gas
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Manufacturing
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Amalgamated Sugar Company produces sugar from sugarbeets grown by the 700+ members of their cooperative. Amalgamated Sugar is the second largest manufacturer of sugar from sugarbeets in the United States and sells sugar across the country through their national sales company, National Sugar Marketing Cooperative, Inc.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Manufacturing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 3104400000 | Improvements Assessment | $34,061,790 |
| Land Assessment | $4,310,710 | Total Assessment | $38,372,500 |
PROPERTY TAXES
Parcel Number
3104400000
Land Assessment
$4,310,710
Improvements Assessment
$34,061,790
Total Assessment
$38,372,500
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16810 Northside Blvd
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