9625 Laster St - Industrial FOR SALE


Nampa, ID 83687
$12,000,000 USD
213-613-3053
9625 Laster St, Nampa, ID for Sale
$12,000,000 USD
Industrial - FOR SALE
1/1
null | 5.51% Cap Rate

9625 Laster St
Nampa, ID 83687


HIGHLIGHTS

  • The low-coverage property is 100% net leased through 2034 to multi-national construction supply company Convoy Supply
  • The Property features best-in-class specifications including large truck courts and ±2.5 acres of fenced and secured yard.
  • This property is one of the first buildings in the brand new, ±200 acre (±2.7 MSF) master-planned Midland Industrial Park.
  • Nampa is the fourth fastest growing submarket in the Western U.S. with a 8.2% growth rate in 2024 (net absorption/market base).
  • Boise is one of the fastest growing cities in the U.S. with 8.6% population growth expected over the next 5 years.
  • The Micron expansion and data center growth is diversifying industrial demand across the Boise market.

OVERVIEW

CBRE is pleased to present the opportunity to acquire 9625 Laster St. (“The Property”), a brand new, 35,000 SF standalone industrial building on 6.12 acres in Nampa, ID. The Property features best-in-class specifications including large truck courts and ±2.5 acres of fenced and secured yard. The low-coverage property is 100% net leased through 2034 to multi-national construction supply company Convoy Supply. This mission critical property is Convoy’s only location in Idaho, where it will support the fast growing Boise and Nampa construction industries. Convoy is using the secured yard space as Industrial Outdoor Storage (IOS) space to manage the flow of goods to clients in the region. This is a rare opportunity to acquire a brand new industrial building in the most supply constrained size range in the market. Nampa is one of the fastest growing submarkets in the Western U.S. and offers the opportunity for tremendous rent growth over the next few years.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

35,000 SF Building

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

-

CLEAR CEILING HT

30 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.12

LAND SF

266,587

ZONING

Light Industrial

APN/PARCEL ID

30855010 0

ASK ABOUT THIS PROPERTY

Rebecca PerlmutterCBRE, Inc.More Info
213-613-3053

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Rebecca PerlmutterCBRE, Inc.More Info
213-613-3053

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