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846 Parkcentre Way 7,728 SF Office Building Nampa, ID 83651 $2,650,000 ($342.91/SF) 6.32% Cap Rate
Investment Highlights
- Single-tenant NNN lease with DaVita Dialysis and Kidney Care through April 2031.
- Annual 3% rent escalations with two additional five-year renewal options at fair market value.
- Well-maintained medical office structure featuring steel framing and synthetic stucco exterior.
- Tenant is a Fortune 500 healthcare company ensuring creditworthy occupancy.
- Convenient access to Interstate 84 and proximity to retail and service amenities.
- Positioned in Nampa’s high-growth corridor approximately 15–20 minutes from Boise.
Executive Summary
DaVita Dialysis and Kidney Care (Total Renal Care Inc.). Ranked 341st in Fortune 500. Single Tenant NNN Lease that was built in 1996, zoned Business Commercial. Building is in Great Condition with steel framing and synthetic stucco walls. In an ideal location for this use near retail and Interstate 84.
Lease has annual 3% increases in rent starting in April 2007 and going through April 2031. Just renewed Lease for another 5 Years with two 5 Year Options at FMV. Building is 7728 sq ft on 1.26 acres. Nampa is currently growing at a rate of 2.2% annually. Very desirable location and community. Nampa is 15-20 minutes driving distance from Boise, the State Capital. Known for growth, attracting people with job opportunities and lower cost of living compared to larger cities, creating a stable community with a mix of local feel and amenities.
Lease has annual 3% increases in rent starting in April 2007 and going through April 2031. Just renewed Lease for another 5 Years with two 5 Year Options at FMV. Building is 7728 sq ft on 1.26 acres. Nampa is currently growing at a rate of 2.2% annually. Very desirable location and community. Nampa is 15-20 minutes driving distance from Boise, the State Capital. Known for growth, attracting people with job opportunities and lower cost of living compared to larger cities, creating a stable community with a mix of local feel and amenities.
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Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
7,728 SF
Building Class
B
Year Built
2006
Price
$2,650,000
Price Per SF
$342.91
Cap Rate
6.32%
NOI
$167,498
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,728 SF
Building FAR
0.14
Lot Size
1.26 AC
Zoning
BC - Community Business
Parking
42 Spaces (5.43 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 1406450300 | Improvements Assessment | $2,440,000 |
| Land Assessment | $592,760 | Total Assessment | $3,032,760 |
Property Taxes
Parcel Number
1406450300
Land Assessment
$592,760
Improvements Assessment
$2,440,000
Total Assessment
$3,032,760
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846 Parkcentre Way
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