1355 Caldwell BlvdNampa, ID 83651
- Other commercial real estate
- 0.52 AC
Property Details for 1355 Caldwell Blvd
- Lot size
- 0.52 AC
- Property type
- Other 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,282,999
- Hospitality
- $4,839,198
- Educational
- $4,026,156
- Medical
- $4,164,622
- Retail
- $6,262,910
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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