Investment Overview
Lee & Associates is pleased to present a first-generation retail building and development pad for sale in Downtown Caldwell. The offering includes a newer construction 4,013 SF retail building and a ±0.19-acre shovel-ready development pad.
Anchored by the Caldwell Luxe Theater and leased to Happy Teriyaki under a long-term agreement, the property provides stable in-place income, while Suite B (2,364 SF) offers lease-up or owner-user potential. Located steps from Indian Creek Plaza, the asset benefits from strong pedestrian traffic and ongoing downtown revitalization—an ideal opportunity for investors seeking income with future development upside.
Investment Highlights
- Long-term lease in place (Happy Teriyaki)
- 2,364 SF lease-up or owner-user opportunity
- ±0.19-acre shovel-ready pad included
- Rare opportunity to acquire newer construction in Downtown Caldwell
- Walkable to Indian Creek Plaza
- Income and development upside