For Sale
$2,100,000

920 Blaine StCaldwell, ID 83605

Prime Retail Center, High Visibility, 6.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 10,158 square foot shopping center, located at 920 Blaine St in Caldwell, Idaho, presents a compelling investment opportunity. The property boasts a strong 6.50% capitalization rate and a substantial net operating income (NOI) of $136,679. Situated on the highly visible, signalized corner of 10th and Blaine Streets in downtown Caldwell, this single-story building benefits from exceptional daily traffic exceeding 25,000 vehicles. The five-unit, multi-tenant structure is currently 100% leased to a diverse mix of businesses, ensuring a stable income stream. Each unit contributes to a vibrant and attractive shopping environment, drawing a wide customer base. The strategic location and signalized access points provide convenient entry and exit for both customers and employees. The asking price is $2,100,000, translating to $206.73 per square foot. This represents a rare chance to acquire a well-performing retail property in a rapidly growing commercial area of Caldwell, Idaho, within the 83605 zip code. The property's strong tenant mix and high visibility make it an ideal investment for those seeking a stable and appreciating asset in a thriving market. This NNN-leased property offers a low-maintenance, high-return investment opportunity.

Highlights

  • $2,100,000 asking price for a 10,158 SF shopping center.
  • Located at 920 Blaine St, Caldwell, ID 83605.
  • Multi-tenant retail property with five units.
  • 6.50% cap rate with a $136,679 NOI.
  • NNN lease type.
  • $206.73 price per square foot.

Property Details for 920 Blaine St

Property type
Lifestyle centers, Power centers
Square Feet
10,158 SF
Stories
1
Units
5

Location Insight

City
Caldwell
County
Canyon
State
Idaho
Latitude
43.6635496
Longitude
-116.6875756
920 Blaine St, Caldwell, Idaho

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920 Blaine St
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