Investment Overview
Lee & Associates is pleased to present this multitenant retail center that is shadow anchored by Walmart , Albertsons, Walgreens, Dollar Tree, and D&B. It also benefits from strong traffic counts and convenient access to Boise, Eagle, and the greater Treasure Valley. Priced substantially below replacement cost with under market rents this asset presents a compelling opportunity for investors.
The center features a diverse mix of service-oriented tenants and offers an attractive infill location within an established commercial corridor, making it well suited as a stabilized retail investment with strong accessibility, visibility, and surrounding demographics.
Investment Highlights
- NNN leases allowing for minimal landlord responsibility
- 100% Occupied
- Average Current Rents of $14.28 sf/yr NNN
- Market rents at $18.00+ sf/yr NNN allowing for upside
- Drive-Thru end cap & monument signage enhancing leasing flexibility