1355 Caldwell BlvdNampa, ID 83651

Property Details for 1355 Caldwell Blvd

Lot size

0.52 AC

Property type

Commercial real estate

APN

12143200 0

APU

121432000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $5,230,930

  6.5%

  $4,828,550

  7%

  $4,483,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,829,420

  Geo Method

  $4,829,420

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,314,360

  Retail / Commercial

  $4,813,930

  Mixed-Use / Specialty

  $4,826,380

  Hospitality / Lodging

  $3,579,510

  Office

  $4,828,550

  Institutional / Educational

  $5,028,070

  Residential Income

  $5,882,840

  Multifamily

  $6,891,420

  Automotive / Energy

  $4,309,780

  Parking / Income-Based Land

  $1,458,000

  Restaurant / Food Service

  $2,573,430

  Healthcare / Senior Housing

  $4,919,000

Location Insight

City

Nampa

County

Canyon

State

Idaho

Latitude

43.6013

Longitude

-116.598

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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