For Sale
$3,250,000

1355 Caldwell BlvdNampa, ID 83651

High-yield NNN retail property in Nampa, ID

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a newly constructed (2021), single-story, multi-tenant retail building totaling 5,250 square feet on a 0.52-acre lot in Nampa, Idaho. The property boasts a strong 5.50% cap rate and a projected net operating income (NOI) of $178,384 for 2025. The building features a drive-thru and is occupied by two tenants under long-term, fully reimbursed NNN leases. One tenant is a prominent national brand, Tropical Smoothie, and the other is a successful local business, Breeze Better Laundry, with four locations in the area. This prime location within Nampa's major retail hub offers excellent visibility and accessibility, with daily traffic counts exceeding 34,000 vehicles. The property benefits from its proximity to major retailers such as MOR Furniture, Ross, Big 5, Boot Barn, JoAnn Fabric, Lowe's, Winco, and Home Depot. Furthermore, the property is adjacent to a newly constructed high-density residential complex with 288 units, providing a strong customer base. Easy access to Caldwell Boulevard and Interstate 84 adds to its appeal. The asking price for this exceptional investment is $3,250,000. This is a rare opportunity to acquire a high-performing, multi-tenant retail property in a thriving market.

Highlights

  • Newly constructed (2021) 5,250 SF multi-tenant retail building with drive-thru.
  • Two tenants with long-term, fully reimbursed NNN leases.
  • Tenants include Tropical Smoothie and Breeze Better Laundry (4 locations).
  • Located in Nampa, ID's major retail hub, near MOR Furniture, Ross, Big 5, Boot Barn, JoAnn Fabrics, Lowe's, Winco, and Home Depot.
  • Adjacent to a newly constructed 288-unit residential complex.
  • Excellent visibility with over 34,000 vehicles per day.

Property Details for 1355 Caldwell Blvd

Property type
Retail properties
Square Feet
5,250 SF
Year Built
2021
Buildings
1
Stories
1
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Nampa
County
Canyon
State
Idaho
Latitude
43.6013046
Longitude
-116.5983206
1355 Caldwell Blvd, Nampa, Idaho

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1355 Caldwell Blvd
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