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14489461
15162005

489 N Broadmore Way, Nampa, ID 83687 For Sale

JB
AGEQUITY, LLC
Listed by AGEQUITY, LLC
$7,740,000
935 days on market
Updated 89 days ago

489 Broadmore Way - Lot 2 Block 3

Details
Property Type Industrial
Sub Type Manufacturing, R&D (+1)
Square Footage 151,600
Net Rentable (SqFt) 27,600
Cap Rate 5.77%
NOI $446,355
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 11/30/2028
Remaining Term 2.4
Rent Bumps Yes
Lease Options 2- Five year renewals
Broker Co-Op Yes
Class A
Year Built 2023
Buildings 1
Stories 1
Acreage 2.890
Zoning I-L
Parking Spaces 25 spaces
Parking per 1,000 SqFt 0.16
Investment Type Stabilized
Tenant Credit Credit Rated
Lease Commencement 12/01/2023
Occupancy Date 12/01/2023
Ceiling Height 26
Loading Docks 8

Industrial | 151,600 SqFt

Marketing description

489 N Broadmore Way is a 29,700-square-foot Class A warehouse delivered in 2023, featuring 27,900 square feet on the ground floor and a 2,100-square-foot mezzanine, including 2,100 square feet of finished office space. The 2.89-acre site includes a fully fenced, paved 1-acre yard and ample parking. Modern industrial features include eight automatic roll-up doors (six 16’x14’, two 26’x14’), 26' clear height, full insulation, sprinkler systems, and robust electrical infrastructure: 600-amp, 480-volt, 3-phase power and dual transformers.

The building is 80’ X 345’ X 26’ eve. This building is leased to a national tenant and the property is just off of I-84 exit 35 and a block from Northside Blvd.

Investment highlights

This is a great investment with a national tenant. The lease is for the building and paved storage lot and the first 5-year term with 2 five-year renewals. The lease has 3% annual escalators in renewals.

Listing Contacts

JB
AGEQUITY, LLC
Listed by AGEQUITY, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$446,355.00
$37,196.25/mo

Valuation Metrics

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DSCR
5.77%
Cap Rate
5.77%
ROI

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