347 E State St - Retail FOR SALE


Eagle, ID 83616- Outer Meridian
$3,000,000 USD
208-867-0189
347 E State St, Eagle, ID for Sale
$3,000,000 USD
Retail - FOR SALE
1/5
null | 6% Cap Rate

347 E State St
Eagle, ID 83616
Outer Meridian


HIGHLIGHTS

  • Premier Eagle, Idaho location within the most affluent and desirable real estate submarket in the Treasure Valley.
  • The owner of Eagle Auto Repair has 9 other locations, they are well capitalized and growing quickly.
  • Long-established, highly profitable Blue Wrench LLC tenant operating at this site for decades.
  • Strict Eagle zoning creates strong barriers to entry, limiting competition and preserving property value.
  • Tenant demonstrates strong commitment to location, reinforcing long-term occupancy stability.
  • Brand-new 15-year absolute NNN lease to be executed at close of escrow.

OVERVIEW

This offering represents a rare opportunity to acquire an institutional quality asset in the premier Eagle Idaho submarket, the most affluent and sought after area in the Treasure Valley. The property is occupied by Blue Wrench LLC DBA Eagle Auto Repair, a highly profitable operator and business that has been at this location for decades and will enter into a brand new 15-year absolute NNN lease at the close of escrow. The lease structure provides zero landlord responsibilities and delivers a truly passive and turnkey investment. Annual rent increases support predictable income growth and offer natural protection against inflation. The strict zoning framework in Eagle limits competition and creates meaningful barriers to entry, helping preserve long term value. The property sits within the rapidly expanding Boise MSA, one of the fastest growing and most desirable real estate markets in the country. This investment is well suited for local or out of area buyers seeking secure and dependable cash flow backed by a tenant with a proven operating history and clear commitment to the site. With strong fundamentals, an irreplaceable location, and long term stability, this asset stands out as a high quality addition to any portfolio.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$833 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL Investment | 15 YR Lease | Absolute NNN

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Repair, Storefront, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

S0509336570

ASK ABOUT THIS PROPERTY

Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

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Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

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