6543 N GLENWOOD ST Boise ID 83714-2658

Take 5 Oil located at 6543 N Glenwood St. is a brand new construction investment property with a 15-year absolute NNN lease and zero landlord responsibility. The property is strategically set off of one of Boise's premier retail corridors with high traffic counts and excellent demographics. The asset is set directly off of one of only nine bridge crossings in the Boise Valley, which funnels traffic into the submarket. The property is fully occupied by Take 5 Oil, a subsidiary of Driven Brands Inc., which has 4,500 locations and does over $4.7 billion in annual system-wide sales. The lease increases with attractive 1.5% annually bumps. The sale price for this passive investment is $2,226,000 with is a 5.75% cap on an NOI of $128,000. The property is surrounded by Walmart, Albertsons, Walgreens, Rite Aid, D&B Supply, Panda Express, and Jack in the Box. The Boise MSA is experiencing explosive growth both residentially and commercially. This investment property is a rare opportunity to invest in one of the nation's most desirable markets.