3635 W Johnny Ln - Bank FOR SALE


Eagle, ID 83616- Outer Meridian
$1,700,000 USD
208-867-0189
3635 W Johnny Ln, Eagle, ID for Sale
$1,700,000 USD
Bank - FOR SALE
1/3
null | 5% Cap Rate

3635 W Johnny Ln
Eagle, ID 83616
Outer Meridian


HIGHLIGHTS

  • Absolute NNN ground lease structure eliminates management, capex, and expense risk.
  • Zero landlord responsibilities.
  • 15-year ground lease provides long-term income certainty with built-in rent growth.
  • Located in Eagle, Idaho, one of the most affluent and supply-constrained submarkets in the Boise MSA.
  • True passive investment ideal for out-of-town or 1031 exchange buyers.
  • Secure investment promising years of bankable cashflow.

OVERVIEW

This offering presents the opportunity to acquire a new construction, single-tenant ground lease in the highly desirable Eagle, Idaho submarket within the Boise MSA. The asset is secured by a 15-year absolute NNN ground lease with Potlatch No. 1 Financial Credit Union, providing a passive investment with zero landlord responsibilities. The tenant is responsible for all operating expenses, maintenance, and improvements, delivering a true hands-off ownership structure. The property is located within Mustang Crossing, a high-growth retail corridor with strong visibility, access, and traffic counts. Eagle represents one of the most affluent and supply-constrained markets in the region, benefiting from continued residential expansion and retail demand. The Boise MSA continues to rank among the fastest growing regions in the country, driven by significant in-migration, strong wage growth, and major economic catalysts including the expansion of Micron Technology. Micron’s multibillion-dollar investment is expected to generate thousands of high-paying jobs and further accelerate population and economic growth across the region.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

15-Year Lease | Boise ID | Absolute NNN GL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Bank, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.95 AC

LAND SF

215,829 SF

ZONING

-

APN/PARCEL ID

R2860500090

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.