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Single Tenant Net Leased Investment | 15yr Le 347 E State St 3,602 SF Retail Building Eagle, ID 83616 $3,000,000 ($832.87/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Premier Eagle, Idaho location within the most affluent and desirable real estate submarket in the Treasure Valley.
- Long-established, highly profitable Blue Wrench LLC tenant operating at this site for decades.
- Tenant demonstrates strong commitment to location, reinforcing long-term occupancy stability.
- The owner of Eagle Auto Repair has 9 other locations, they are well capitalized and growing quickly.
- Strict Eagle zoning creates strong barriers to entry, limiting competition and preserving property value.
- Brand-new 15-year absolute NNN lease to be executed at close of escrow.
EXECUTIVE SUMMARY
This offering represents a rare opportunity to acquire an institutional quality asset in the premier Eagle Idaho submarket, the most affluent and sought after area in the Treasure Valley. The property is occupied by Blue Wrench LLC DBA Eagle Auto Repair, a highly profitable operator and business that has been at this location for decades and will enter into a brand new 15-year absolute NNN lease at the close of escrow. The lease structure provides zero landlord responsibilities and delivers a truly passive and turnkey investment. Annual rent increases support predictable income growth and offer natural protection against inflation. The strict zoning framework in Eagle limits competition and creates meaningful barriers to entry, helping preserve long term value. The property sits within the rapidly expanding Boise MSA, one of the fastest growing and most desirable real estate markets in the country.
This investment is well suited for local or out of area buyers seeking secure and dependable cash flow backed by a tenant with a proven operating history and clear commitment to the site. With strong fundamentals, an irreplaceable location, and long term stability, this asset stands out as a high quality addition to any portfolio.
This investment is well suited for local or out of area buyers seeking secure and dependable cash flow backed by a tenant with a proven operating history and clear commitment to the site. With strong fundamentals, an irreplaceable location, and long term stability, this asset stands out as a high quality addition to any portfolio.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Building Size
3,602 SF
Year Built
1962
Price
$3,000,000
Price Per SF
$832.87
Cap Rate
6%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Blue Wrench DBA Eagle Auto Repair
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Blue Wrench DBA Eagle Auto Repair | Services | - | - | - |
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
1 of 6
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Single Tenant Net Leased Investment | 15yr Le | 347 E State St
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