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Les Schwab Tire Center 6633 S Federal Way 39,162 SF Industrial Building Boise, ID 83716 $16,421,890 ($419.33/SF) 5.50% Cap Rate
Investment Highlights
- Micron Billion-Dollar Development Next Door
- Prime Freeway Accessibility
- Brand-New 20-Year Corporate NNN Lease
- High-Growth Boise Market
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Les Schwab Tire Center located at 6633 South Federal Way, Boise, ID 83716. The site consists of roughly 39,162 rentable square feet of building space on an estimated 6.03-acre parcel of land. This Les Schwab Tire Center is subject to a 20-year Triple Net (NNN) lease, which will commence on 6/30/26 - Seller will give a credit at Closing. The current annual rent is $903,204 and has scheduled increases of 10.00% every 5 years.
Property Facts
| Price | $16,421,890 | Lot Size | 6.03 AC |
| Price Per SF | $419.33 | Rentable Building Area | 39,162 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 5.50% | Year Built/Renovated | 1976/2018 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 17’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 26 |
| Zoning | L-1 - Light Industrial | ||
| Price | $16,421,890 |
| Price Per SF | $419.33 |
| Sale Type | Investment NNN |
| Cap Rate | 5.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 6.03 AC |
| Rentable Building Area | 39,162 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1976/2018 |
| Tenancy | Single |
| Clear Ceiling Height | 17’ |
| No. Drive In / Grade-Level Doors | 26 |
| Zoning | L-1 - Light Industrial |
Amenities
- Yard
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Property Taxes
| Parcel Number | S1501110504 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $7,248,800 |
Property Taxes
Parcel Number
S1501110504
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,248,800
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Les Schwab Tire Center | 6633 S Federal Way
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