6578-6584 S Federal Way - Freestanding FOR SALE


Boise, ID 83716
$2,119,000 USD
208-353-2242
6578-6584 S Federal Way, Boise, ID for Sale
$2,119,000 USD
Freestanding - FOR SALE
1/6
null | 6.35% Cap Rate

6578-6584 S Federal Way
Boise, ID 83716


HIGHLIGHTS

  • Multi-tenant retail shop investment opportunity in mature market
  • Multi-tenant retail shop investment opportunity in mature market Last major retail services provider in East Boise supporting growth along I-84 corrid
  • Value-add opportunity because of below market lease rates
  • Increasing daytime population with Micron Technology’s $15 billion project and growing labor force
  • NNN: $8.54/SF/YR; CAP Rate: ±6.35%
  • Current Tenants: Waffle Waffle/Happy Foodi, Happy Teriyaki, Baleo Fitness, Idaho State Liquor Store

OVERVIEW

Don't miss out on this prime retail investment opportunity in Boise, ID! This 11,159 SF building, constructed in 2008 and zoned MX-2 City of Boise, offers a strong value-add potential with below-market lease rates. Situated in a mature market with increasing daytime population, this multi-tenant retail shop is perfectly positioned to capitalize on the area's growth along the I-84 corridor. As the last major retail services provider in East Boise, it serves as a crucial support for the expanding local economy, including Micron Technology's $15 billion project and the rising labor force. An exceptional chance to secure a foothold in an area ripe for commercial success.

FOR SALE DETAILS

PRICE

$2,119,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Columbia Marketplace Shops C

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

MX-2 City of Boise

APN/PARCEL ID

R1525500122

ASK ABOUT THIS PROPERTY

Ben Kneadler, CCIMNAI SelectMore Info
208-353-2242

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Ben Kneadler, CCIMNAI SelectMore Info
208-353-2242

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