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610 W Idaho St 10,890 SF Retail Building Boise, ID 83702 $5,799,840 ($532.58/SF) 5.07% Cap Rate
Investment Highlights
- Single Tenant Property with no Landlord responsibility
- High Quality, High Profile Tenant
- Market rents with 3% annual increases
- Includes Liquor License
- Surrounded by major traffic drivers including Idaho State Capitol Building, The Grove Plaza, Boise Centre, Chase Bank and Key Financial Center & City
- Over $3 million in upgrades invested in the property
Executive Summary
NNN Investment Opportunity | $5,799,840 | Boise MSA
Quality Tenancy Property
High Traffic Downtown Retail Location
Excellent Property Fundamentals
Quality Tenancy Property
High Traffic Downtown Retail Location
Excellent Property Fundamentals
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,890 SF
Building Class
B
Year Built/Renovated
1940/2021
Price
$5,799,840
Price Per SF
$532.58
Cap Rate
5.07%
NOI
$294,285
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.25 AC
Zoning
C-5HDC
Frontage
84’ on Idaho St
Amenities
- Bus Line
- Restaurant
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- El Gaucho
- Accommodation and Food Services
- 10,582 SF
- -
- Sep 2035
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| El Gaucho | Accommodation and Food Services | 10,582 SF | - | Sep 2035 |
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R1013002800 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,198,000 |
Property Taxes
Parcel Number
R1013002800
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,198,000
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610 W Idaho St
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