6195 S Five Mile Rd
Boise, ID 83709
WALGREENS LONG TERM TRIPLE NET INVESTMENT · Retail Property For Sale

Cushman & Wakefield has been retained as exclusive advisor to the Seller for the sale of the Walgreens parcel (the “Property”) approximately 14,820 square feet on 1.74 acres located at South Five Mile Road, Boise ID. Absolute NNN - No landlord responsibilities. Longterm Triple Net Lease - 17 Years Remaining on Primary Lease Term. Investment Grade Tenant - Walgreens carries a standard & poor’s credit rating of BBB. Strong Demographics - Population of approximately 47,000 with an Average Household Income over $85,000 within 3 miles. Rapid Population Growth - 29% population growth over the past 7 years and 12.7% population growth projected over the next 5 years within 1 mile of the subject property. Strategic Location - Subject property is positioned across the intersection from an Albertson’s anchored shopping center & Hard corner signalized intersection. Limited Competition - Only one other national pharmacy chain has a location within four miles of this Walgreens. New Retail Developments - Hazelwood Marketplace - Zamzows Lawn and Garden center & Papa Murphy's Pizza (under construction) & Saint Alphonsus Medical Clinic, a new urgent care facility (7,800 square feet), has opened directly across Lake Hazel Rd.