6421-6517 W Ustick Rd - Freestanding FOR SALE


Boise, ID 83704
$5,100,000 USD
208-938-3818
6421-6517 W Ustick Rd, Boise, ID for Sale
$5,100,000 USD
Freestanding - FOR SALE
1/35
null | 5.94% Cap Rate

6421-6517 W Ustick Rd
Boise, ID 83704


HIGHLIGHTS

  • 100% Occupied NNN Investment
  • Major CapX Improvements
  • New Parking Lot Renovation

OVERVIEW

Ustick Town Centre is a fully leased, 9-suite NNN multi-tenant retail center located in West Boise, a dynamic community with established residential areas. Situated on over 2 acres of prime real estate, this newly renovated and well-maintained center offers 30,060 rentable square feet of retail/flex space with ample parking (121 stalls). The center boasts a diverse tenant mix of established businesses and is 100% occupied, benefiting from the large need for neighborhood retail in Boise. Recent renovations, including a new parking lot, enhance the property's appeal. With under-market rents and extensive CapEx improvements, Ustick Town Centre presents a turn-key investment opportunity with significant +30% upside in rents through strategic lease adjustments over time. Call agents to schedule tour. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

5.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ustick Towne Centre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

121

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,090 SF

ZONING

C-1D

APN/PARCEL ID

R3036250021,R3036250082,R3036250101,R3036250111

ASK ABOUT THIS PROPERTY

Diana AndersonSilvercreek Realty GroupMore Info
208-938-3818

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Diana AndersonSilvercreek Realty GroupMore Info
208-938-3818

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