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Oliver Finley Plaza 6843 N Strawberry Glen Rd 49,449 SF 100% Leased Retail Building Boise, ID 83714 $13,250,000 ($267.95/SF) 6.24% Cap Rate
Investment Highlights
- Prime Location – High-traffic Boise corridor, shadow-anchored by Walmart.
- Value Upside – Below-market rents offer future growth potential.
- Strong Occupancy – 96.7% leased with long-term tenant stability.
Executive Summary
Oliver Finley Plaza is a 49,449 SF retail center strategically located in Garden City, ID, at one of Boise’s busiest intersections. The property is 96.7% leased to a strong mix of national and local tenants, including Dollar Tree, T-Mobile, Palm Beach Tan, and Oliver Finley Academy. With excellent visibility, multiple access points, and traffic counts of 37,500 vehicles per day, the center benefits from its position in a high-growth corridor and proximity to Walmart.
The plaza offers a stable income stream supported by a weighted average lease term of over five years. Current rents are below market, creating upside potential through future lease rollovers. Located in Boise’s premier retail corridor—one of the fastest-growing MSAs in the U.S.—Oliver Finley Plaza combines strong regional draw, high barriers to entry, and a diverse tenant mix for a secure and attractive investment opportunity.
The plaza offers a stable income stream supported by a weighted average lease term of over five years. Current rents are below market, creating upside potential through future lease rollovers. Located in Boise’s premier retail corridor—one of the fastest-growing MSAs in the U.S.—Oliver Finley Plaza combines strong regional draw, high barriers to entry, and a diverse tenant mix for a secure and attractive investment opportunity.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
49,449 SF
Building Class
B
Year Built
2007
Price
$13,250,000
Price Per SF
$267.95
Cap Rate
6.24%
NOI
$826,567
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
7.98 AC
Zoning
C-1 - C-1 Highway Commercial: Allows a full range of retail and service uses along major arterials for regional access
Frontage
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $12,356,400 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$12,356,400
Contacts
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Mike Christensen -
Bryan Vaughn -
Brandon Goodman -
Nate Monson -
Sage Shepard -
Colliers
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Oliver Finley Plaza | 6843 N Strawberry Glen Rd
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