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8485 - 8495 W Overland Road - Ponderosa Plaza, Boise, ID

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8485 - 8495 W Overland Road - Ponderosa Plaza

Boise, ID 83709-1642 - Southwest Boise Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2005
Building Size:3,500 SF Land Area:.53 AC (23,087 SF)
For Sale Price:$1,590,000 Price/SF:$454.29
Cap Rate:6.30 %
Parking:Free Surface spaces are available; Ratio of 5.14/1,000 SF
Features:Dedicated Turn Lane, Pylon Sign, Signalized Intersection

Sale Notes:
Net leased investment property with stable tenant since 2005. Professionally managed. Lease renewal commences April 2018 with two 5 year renewal options remain with 3% annual increases.
Located in strong retail corridor across from Walmart and Lowe's. Traffic count of 34,000 vpd on Overland Road.

Thornton Oliver Keller Commercial Real Estate
John Stevens
(208) 947-0814

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