Alliance Title Building 2 Properties in Nampa, ID

POSITIONED IN THE HEART OF DOWNTOWN NAMPA, THIS PROPERTY IS A UNIQUE BLEND OF IMMEDIATE STABILITY AND FORWARDLOOKING OPPORTUNITY. THIS INVESTMENT OFFERS A SECURE INCOME STREAM WITH THE POTENTIAL FOR ADDITIONAL VALUE THROUGH FUTURE DEVELOPMENT. THIS PROPERTY INCLUDES A RARE, BUILDABLE LOT WITHIN NAMPA’S DOWNTOWN HISTORIC DISTRICT, APPROVED FOR A PROPOSED 13,400-SQUARE-FOOT, THREE-LEVEL BUILDING. IT IS ANCHORED BY A LONG-TERM LEASE WITH ALLIANCE TITLE & ESCROW, A LEADING INDEPENDENT TITLE INSURANCE AGENCY IN THE PACIFIC NORTHWEST, ENSURING A STABLE AND ESCALATING REVENUE SOURCE. THE PROPERTY ALSO FEATURES DEDICATED ON-SITE PARKING, A VALUABLE AND UNCOMMON AMENITY IN THE DOWNTOWN AREA. LOCATED AT 216–224 13TH AVE S, THE PROPERTY IS STRATEGICALLY POSITIONED IN A SUBMARKET WITH STRONG FUNDAMENTALS. THE BOISE VALLEY AREA IS A DYNAMIC AND GROWING METRO WITH A POPULATION OF OVER 845,000 AND IS PROJECTED TO EXCEED 1 MILLION BY 2050. THE REGION IS HOME TO MAJOR CORPORATIONS AND IS CONSISTENTLY RANKED AS ONE OF THE BEST PLACES IN THE COUNTRY TO DO BUSINESS. THE NAMPA MARKET SPECIFICALLY SHOWS SIGNS OF STRENGTH, WITH LOW OFFICE AND RETAIL VACANCY RATES. THE PROPERTY’S DOWNTOWN HISTORIC (DH) ZONING SUPPORTS A MIXED-USE ENVIRONMENT AND OFFERS PROPERTY OWNERS POTENTIAL ACCESS TO CITY GRANTS AND FINANCIAL INCENTIVES FOR FUTURE RENOVATIONS. THIS COMBINATION OF IN-PLACE INCOME FROM A CREDITWORTHY TENANT, A PRIME LOCATION, AND DEVELOPMENT-READY POTENTIAL MAKES THE PROPERTY A STRATEGIC ADDITION TO AN INVESTOR’S HOLDINGS.