This three-property Nampa office/retail portfolio is 100% leased and generates $579,796 in NOI from a diversified tenant mix that includes First Federal Bank, Alliance Title Escrow, Apples for Caterpillars, and complementary specialty retail/food operators. Two buildings are located in Downtown Nampa’s core with rare dedicated parking and a shovel-ready, entitled pad for an additional ±13,400 SF commercial building plus potential multifamily, while the third is a 7,922 SF building on 1.6 acres along the Nampa-Caldwell Boulevard corridor with recent parking lot upgrades and ample on-site parking.
Positioned in a growing Boise Valley submarket characterized by strong demographics, low reported retail vacancy, and solid office fundamentals, the portfolio combines core, credit-backed cash flow with clear value-add and development levers. Investors gain exposure to diversified tenancy, contractual annual rent increases in the ±2.5–3.5% range, and multiple paths to upside through leasing remaining space, executing the approved expansion in the downtown historic district, or further leveraging the 1.6-acre Horton site, all within an affordable, business-friendly market that continues to see robust commercial real estate demand.