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100% Occupied PetSmart Anchored Center 104-134 N Milwaukee St 41,163 SF 100% Leased Retail Building Boise, ID 83704 $16,500,000 ($400.85/SF) 6.20% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied | NNN Leases | Diversified Tenant Lineup
- Outparcel to Boise Towne Square
- Signalized, Hard Corner Intersection
- Strong Demographics in 5-Mile Trade Area
EXECUTIVE SUMMARY
SRS Capital Markets, in collaboration with NAI Select, is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Boise Towne Square Shops, a 100% occupied, PetSmart anchored retail center investment property located in Boise, Idaho.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
41,163 SF
Building Class
B
Year Built/Renovated
1988/2010
Price
$16,500,000
Price Per SF
$400.85
Cap Rate
6.20%
NOI
$1,022,474
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.48
Lot Size
1.97 AC
Zoning
C-2 - General Commercial
Parking
43 Spaces (1.05 Spaces per 1,000 SF Leased)
Frontage
371’ on N Milwaukee St
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R7384700010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $9,691,500 |
PROPERTY TAXES
Parcel Number
R7384700010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$9,691,500
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100% Occupied PetSmart Anchored Center | 104-134 N Milwaukee St
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