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26760851
28102540

716-718 N Orchard Street Boise, ID 83706, Boise, ID 83706

DA
ID ID SP22924
Silvercreek Realty Group
SM
ID SP50097
Silvercreek Realty Group
Listed by Silvercreek Realty Group
$1,043,000
284 days on market
Updated 32 days ago

Retail NNN Investment

Details
Property Type Office, Retail
Sub Type Storefront
Square Footage 5,585
Net Rentable (SqFt) 5,585
Units 2
Cap Rate 7.00%
NOI $73,025
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 5
Lease Expiration 10/31/2030
Rent Bumps Yes
Lease Options market rent
Price per SqFt $187
Year Built 1952
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.190
Zoning City Of Boise C-2D
Parking Spaces spaces
Investment Type Stabilized
Lease Commencement 08/17/2025
Ownership Single

Two Tenants - NNN Investment | Retail & Office | 5,585 SqFt

Marketing description

Property Investment Idaho is pleased to present an exceptional investment opportunity in a high-demand location on the Boise Bench. This fully leased property features two tenants, both secured by new, five-year NNN leases. This structure provides a passive, consistent income stream with minimal landlord responsibility, making it an ideal acquisition for both seasoned and new investors seeking a reliable asset in the thriving Boise market.

716 N Orchard - Occupied by M3 Studios, specializes in hair tattooing, and also rents studio suites for estheticians, traditional tattoo artists, lash artists and hair removal.

718 N Orchard - Occupied by Crown Vapor, an established retail tenant with multiple locations throughout Idaho.

Investment highlights

  • NNN Investment on the Boise Bench

  • Two Unit Retail/Office Building

  • Two new 5 year NNN Leases

  • High Visibility on the corner or Orchard and Emerald

  • Central Location with easy access to I-84

  • Renovated exterior and interior

Listing Contacts

DA
ID ID SP22924
Silvercreek Realty Group
SM
ID SP50097
Silvercreek Realty Group
Listed by Silvercreek Realty Group

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,025.00
$6,085.42/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Diana Anderson
License
ID SP22924
Brokerage
Silvercreek Realty Group
Brokerage Phone
2083770422
Brokerage Address
1099 South Wells Street
Name
Shari Minton
License
SP50097
Brokerage
Silvercreek Realty Group
Brokerage Phone
2083770422
Brokerage Address
1099 South Wells Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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