2221 E Hospitality Ln - Freestanding FOR SALE


Boise, ID 83716
$1,200,000 USD
406-546-9296
2221 E Hospitality Ln, Boise, ID for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/1
null | 5.5% Cap Rate

2221 E Hospitality Ln
Boise, ID 83716


HIGHLIGHTS

  • NN Lease
  • 4 years remaining
  • Two, 5-year options
  • 10% increases every 5 years
  • Corporate Lease Guarantor

OVERVIEW

Prime investment opportunity in Boise, Idaho. This 4,800 square foot retail building is currently occupied by Sherwin Williams, a Fortune 500 company with over 4,900 locations worldwide and $1.81 billion in annual sales. The well-established tenant provides stable income and long-term value in a high-visibility, high-traffic location. The property is positioned along East Hospitality Lane with convenient access to Interstate 84 and surrounded by strong national retailers, restaurants, and service providers. Boise’s continued population and commercial growth offer investors the opportunity to acquire a stable asset in a thriving trade area backed by a nationally recognized tenant.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

MX-2

APN/PARCEL ID

R2929910012

ASK ABOUT THIS PROPERTY

Macall McGillisReal Estate Montana & CoMore Info
406-546-9296

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Macall McGillisReal Estate Montana & CoMore Info
406-546-9296

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