16865 N Marketplace Blvd
Nampa, ID 83687
Sportsman's Warehouse · Retail Property For Sale

Marcus & Millichap has been selected to exclusively market for sale Sportsman’s Warehouse located at 16865 North Marketplace Boulevard in Nampa, Idaho. The subject property is a 48,704-square-foot retail building that is situated on a 4.42-acre site in the Treasure Valley Crossing shopping center. The improvements were originally constructed in 2007 as a build-to-suit for Sportsman’s Warehouse. A new lease was signed in 2012 and the tenant recently extended and restructured their lease thru 2028. The lease has a term of ten years and three options to renew for a period of five years each. In September 2018, the rental rate will be $9.40 per square foot; the rent increases 10% every five years, including in the option periods. The lease has an absolute net expense basis, with the tenant responsible for all operating expenses for the property. The subject property is located in a major retail node for the Boise MSA and is part of a shopping center that is also occupied by Hobby Lobby, Dick’s Sporting Goods, PetSmart, TJ Maxx, Discount Tire and Auto, Cracker Barrel, McDonald’s, Chick-Fil-A, Native Grill and Wings, Panera Bread, and Paul Mitchell. Directly across the street is Treasure Valley Marketplace, a regional shopping center that is occupied by major national retailers such as Costco, Target, Kohl’s, Best Buy, Old Navy, Petco, Cost Plus World Market, Bed Bath & Beyond, Gordman’s, Lane Bryant, Famous Footwear, Michaels, AT&T, T-Mobile, Sally Beauty, Maurices, Claire’s, and ULTA Beauty. There are also several major shopping centers on the western side of Interstate 84 with national tenants such as Home Depot, Lowe’s, WinCo Foods, Shopko, Staples, Kmart, Ross, Dollar Tree, Burlington Coat Factory, Big 5 Sporting Goods, and Regal Cinemas. Sportsman’s Warehouse has a prominent location at the interchange of Interstate 84 and Midland Boulevard and enjoys excellent access. The retail developments at this interchange have significant drawing power and bring shoppers in from Nampa, Caldwell, Meridian, and smaller communities in western Treasure Valley.