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6725 N Glenwood St 14,560 SF Retail Building Garden City, ID 83714 $4,100,000 ($281.59/SF) 8.05% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN—no landlord responsibilities
  • Located at one of the highest traffic intersections in Idaho with 41,000 AADT on W State Street and 36,000 AADT on N Glenwood Street
  • Boise is one of the fastest growing MSA’s in the US
  • Adjacent to Walmart and surrounded by national retailers including Albertsons, Ross, Big 5, Verizon, T-Mobile, O-Reilly Auto Parts, Batteries Plus

EXECUTIVE SUMMARY

Tenant Profile
Walgreens is the second largest in the United States, behind CVS Health’s CVS Pharmacy. It specializes in filling prescriptions, health and wellness products, health information, and photo services. It was founded in Chicago in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens acquired Switzerland-based Alliance Boots. Walgreens employs approximately 312,000 people worldwide.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,560 SF
Building Class
B
Year Built
2005
Price
$4,100,000
Price Per SF
$281.59
Cap Rate
8.05%
NOI
$330,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.84 AC
Zoning
C-2
Parking
60 Spaces (4.59 Spaces per 1,000 SF Leased)
Frontage
135’ on Glenwood St

AMENITIES

  • Pylon Sign
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

EPOC Training Center
Washington Trust Bank
Applebee's
Black Bear Diner
U.S. Bank
Workout Anytime 24/7
Albertsons
Yoga Six

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S0524428250
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$809,800
  • Listing ID: 35003598

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 6725 N Glenwood St, Garden City, ID 83714

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