Listed by Colliers - Nampa, Idaho
$3,950,000
Jennie Lane River Academy
Details
Property Type Special Purpose
Sub Type School
Square Footage 10,060
Cap Rate 6.23%
NOI $246,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 9
Lease Expiration 05/31/2030
Remaining Term 3.9
Price per SqFt $393
Year Built 2017
Acreage 0.582
Lease Commencement 06/01/2021
Occupancy Date 10/27/2025
Sale Condition 1031 exchange
Investment Opportunity | Jennie Lane River Academy
Marketing description
This investment opportunity is for the interest in Jennie Lane River Academy, a 10,060 SF square foot Preschool & Learning Center sitting on nearly 0.582 acres. This property is shadow anchored by national tenants and surrounded by new residential and commercial development.
Investment highlights
• +5 years left on a single Tenant NNN lease with two 5 year options
• Great location and view corridor to building on State St and Horseshoe Bend Rd Intersection
• Newer construction (2017) with modern architecture design including exposed high ceilings and large windows
• On site Commercial Kitchen
• Call agent for guided tour during working hours
Listing Contacts
Listed by Colliers - Nampa, Idaho
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$246,000.00
$20,500.00/mo
Valuation Metrics
0
DSCR
6.23%
Cap Rate
6.23%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Brokerage Address
Is there information that looks off?
