Shops at Boise Towne Square | Petsmart Anchored
Retail | 6.39% CAP | 40,765 SqFt
Marketing description
SRS Capital Markets, in collaboration with NAI Select, is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Boise Towne Square Shops, a 100% occupied, PetSmart anchored retail center investment property located in Boise, Idaho.
The pad features a strong, diversified tenant lineup of PetSmart, Stromy Vape, Best Massage, White Angel Nails & Spa, 360 Wireless, and Body Language. PetSmart anchors the center, occupies 70% of the GLA, and constitutes for 60% of the base rental revenue. Additionally, the PetSmart features expanded services that include Banfield Pet Hospital, boarding & daycare, expert dog training, and grooming. All the tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor.
Investment highlights
100% Occupied | NNN Leases | Diversified Tenant Lineup
Signalized, Hard Corner Intersection
Outparcel to Boise Towne Square
Strong Demographics in 5-Mile Trade Area
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