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NNN Investment 7% CAP 522 N 9th Ave 2,856 SF Retail Building Caldwell, ID 83605 $612,000 ($214.29/SF) 7% Cap Rate
Investment Highlights
- Successful Daycare Center near Downtown Caldwell
- Well Established Tenant in High Demand Industry
- Building features CMU construction, newer roof, fully fenced yard, kitchen and high security system.
- New 5 Year NNN Lease
- Easy access to Interstate, less than 1 mile from on-ramp and less than 0.5 miles from popular Indian Creek Plaza
Executive Summary
Property Investment Idaho is proud to present a rare opportunity to acquire a stabilized investment in the rapidly growing Caldwell market. This offering features a well established Daycare/Preschool tenant strategically located near vibrant downtown Caldwell and Indian Creek Plaza. The current operator boasts a long-standing business history, with the building serving as a successful daycare for over 45 years. Tenant signed a new 5 Year NNN lease offering immediate cashflow. *Please do not disturb tenant*
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,856 SF
Building Class
C
Year Built
1980
Price
$612,000
Price Per SF
$214.29
Cap Rate
7%
NOI
$42,840
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.28 AC
Zoning
C-2 - Zoning: C-2 Community Commercial allows for: Outpatient clinic, Day care, Retail sales, Dental office, Pharmacy, Hardware, Coffee shop, Wine tasting
Parking
10 Spaces (1.88 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Fenced Lot
- Security System
- Air Conditioning
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0493800000 | Improvements Assessment | $237,770 |
| Land Assessment | $175,630 | Total Assessment | $413,400 |
Property Taxes
Parcel Number
0493800000
Land Assessment
$175,630
Improvements Assessment
$237,770
Total Assessment
$413,400
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NNN Investment 7% CAP | 522 N 9th Ave
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