Lincoln Plaza Sale - $1,700,000 - NOI $63,920 - 23,000 SF
Lincoln Retail Plaza For Sale $1,700,000 - NOI $63,920 - 23,000 SF on 5.115 acres
Marketing description
MULTI-TENANT RETAIL CENTER FOR SALE
PROPERTY DETAILS
PRICE: $1,700,000
INCOME: $63,920
VACANT: 16,500 SF
LEASED: 6,500 SF
TOTAL BLDG: 23,000 SF
SUITES: 7 TOTAL - CONFIGURED AS 5
3 PARCELS: 5.115 ACRES
PARCEL #’S: RPJ13701610120A, 30A, 40A
ZONING: C2 GENERAL BUSINESS
Investment highlights
LISTING HIGHLIGHTS
The Lincoln Plaza is a multi-tenant retail center prominently positioned along one of Jerome, Idaho’s primary thoroughfares. Originally constructed in 1975, the building first featured seven individual suites and has since been reconfigured into five versatile retail spaces.
The property is the longtime former home of D&B Supply, which is scheduled to relocate to its newly constructed building in 2026. Current tenants include Sonora Tacos, Puff N Stuff, and a State Liquor Store, together generating $63,920 in annual rental income.
With D&B’s departure and one additional vacant suite, Lincoln Plaza presents an excellent opportunity for lease-up value creation, an owner-user, or a full redevelopment. Its strategic location, flexible layout, and upcoming vacancy offer investors and users a compelling chance to reposition the property for long-term growth.
INVESTMENT HIGHLIGHTS
High-visibility retail center on one of Jerome’s main thoroughfares
5 to 7-suite configuration with flexible layouts
Anchor tenant (D&B Supply) departing in 2026, creating a large contiguous vacancy
Current annual rental income: $63,920
Tenants in place: Sonora Tacos, Puff N Stuff, Liquor Store
Ideal for: Value-add lease-up strategy, owner-user occupancy, or redevelopment
Established commercial location with strong traffic patterns
OPPORTUNITIES
Re-tenant the anchor space at market rents
Potential to reconfigure suites or adapt the layout for a single large user
Strong location suitable for national, regional, or local retailers
Attractive option for mixed-use or retail redevelopment
Google Map View: https://bit.ly/4ilKLyb
1, 3 & 5 Mile Demographics: https://bit.ly/48dhTne
Retail Demand Outlook: https://bit.ly/47PWIZs
Drive Time Demographics: https://bit.ly/3KbeT2C
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