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7547 W Fairview Ave - Cobblestone Auto Spa 8,076 SF Specialty Building Offered at $6,250,000 at a 6.50% Cap Rate in Boise, ID 83704
INVESTMENT HIGHLIGHTS
- Cobblestone Auto Spa Corporate Guarantee
- Growing Industry
- Bonus Depreciation Opportunity
- Dense Retail Corridor
EXECUTIVE SUMMARY
Bang Realty and Marcus and Millichap are pleased to present the exclusive listing for a Cobblestone Auto Spa located at 7547 Fairview Ave, Boise, ID 83704. The site consists of roughly 8,076 rentable square feet of building space on an estimated 2.03-acre parcel of land. This Cobblestone Auto Spa is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $406,250 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
| Price | $6,250,000 | Lot Size | 2.03 AC |
| Price Per SF | $773.90 | Building Size | 8,076 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.50% | Year Built | 2021 |
| Property Type | Specialty | ||
| Zoning | ZC-260 | ||
| Price | $6,250,000 |
| Price Per SF | $773.90 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Lot Size | 2.03 AC |
| Building Size | 8,076 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Zoning | ZC-260 |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | S1112110100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,277,900 |
PROPERTY TAXES
Parcel Number
S1112110100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,277,900
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7547 W Fairview Ave - Cobblestone Auto Spa
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