3840 W Chinden Blvd, Garden City, ID for sale

Investment Overview

Lee & Associates is pleased to present this multi-tenant retail center on the highly traveled Chinden Boulevard corridor with convenient access to Downtown Boise, the Boise River Greenbelt, and the greater Treasure Valley. Priced below replacement cost with a significant renovation done in 2020, this investment provides investors with immediate cash flow and future upsides with an upcoming renewal and below market rents. Positioned along one of the primary thoroughfares connecting Garden City and Boise, combined with surrounding retailers, restaurants, breweries, and other commercial services, provides strong visibility and accessibility for a variety of commercial users and makes the property an attractive infill investment within the growing Garden City market.

Investment Highlights

• 100% Occupied
• Recently remodeled in 2020 helping limit near term capital expenditures
• Long term income with staggered lease expirations
• NNN leases allowing for minimal landlord responsibility
• Extensive tenant Improvement Buildouts
• New monument sign on the highly traveled Chinden Blvd