Property History
Property Type
Property Type
Marketing Description
Holly Plaza is a multi-tenant retail center located on two parcels in the fast growing south Nampa submarket near Northwest Nazarene University. Surrounded by high density single family and multi-family residential neighborhoods, Holly Plaza offers a variety of dailyneeds and service conveniences to local residents, including a restaurant and bakery, discount groceries and household supplies, fitness and dance studios, music lessons, fuel station with convenience store, and a self-serve laundry facility.
Holly Plaza was completed in 1968 and underwent considerable renovations in 2004. This property consists of 2 buildings on 2 separate parcels. This well maintained property offers a good mix of national and local tenants with long term tenancy encumbered by NNN and modified gross leases. With below market rates, some vacancy, and pricing well-below replacement cost, Holly Plaza presents a unique value-add component to the investor
Investment Highlights
- 231 total parking spaces
- Well maintained property
- Built in 1968, renovated in 2004
- Two, Multi-Tenant Retail Buildings
- Long term tenant mix including Stinker Store, Family Dollar, and La Ranchera Market
- Good visibility and access
- Fast growing southeast Nampa Area
- Close to Northwest Nazarene University
- Lower average lease rates with upside potential
- The Salon Professional Academy
- Family Dollar
- Pathways Management Group
- La Ranchera
- Idaho Rhythm
- Progressive Martial Arts
- Treasure Valley Advanced Concepts
- Washboard Laundry
- Stinker Stores
- Endless Air
- Nextar
- Azteca Media
- Andre’s Salon
- Holly Barber Shop
- Sam’s Appliances
- Bethel Place of Encounter
Loan History
Financial History
****** Data
Net Operating Income
Reporting Date
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Listing removed on
BY:
Peter Oliver
•••.•••.0816
•eter@•••••••••••••.com
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