104-134 N Milwaukee St - Freestanding FOR SALE


Boise, ID 83704
$17,041,000 USD
480-221-4221
104-134 N Milwaukee St, Boise, ID for Sale
$17,041,000 USD
Freestanding - FOR SALE
1/8
null | 6% Cap Rate

104-134 N Milwaukee St
Boise, ID 83704


HIGHLIGHTS

  • 100% Occupied | NNN Leases | Diversified Tenant Lineup
  • Signalized, Hard Corner Intersection
  • Outparcel to Boise Towne Square
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS Capital Markets, in collaboration with NAI Select, is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Boise Towne Square Shops, a 100% occupied, PetSmart anchored retail center investment property located in Boise, Idaho. The pad features a strong, diversified tenant lineup of PetSmart, Stromy Vape, Best Massage, White Angel Nails & Spa, 360 Wireless, and Body Language. PetSmart anchors the center, occupies 70% of the GLA, and constitutes for 60% of the base rental revenue. Additionally, the PetSmart features expanded services that include Banfield Pet Hospital, boarding & daycare, expert dog training, and grooming. All the tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor.

FOR SALE DETAILS

PRICE

$17,041,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops at Boise Towne Square | Petsmart Anchor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

C-2

APN/PARCEL ID

R7384700010

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.