1023 N Horton St
Retail | 7,922 SqFt
Marketing description
The property includes 7,922 SF on 1.6 acres and is 100% leased to Solovey Kitchen, generating an in-place NNN NOI of approximately $122,791. Recent ownership improvements, including a newly sealed and striped parking lot, enhance curb appeal and reduce near-term capital needs, strengthening the durability of the investment. Its BC (Community Business) zoning allows a wide mix of retail, office, service, and restaurant uses, providing investors flexibility for future re-tenanting or repositioning as market conditions evolve.
Located just off Nampa Caldwell Boulevard, the site offers strong visibility and convenient access within an established commercial corridor, supported by solid demographics including more than 83,000 residents and $2.9 billion in household expenditure within a three-mile radius. As part of the rapidly expanding Boise Valley—which now includes over 845,000 residents and is projected to exceed one million by 2050—the Nampa submarket continues to attract users and investors seeking growth, affordability, and long-term stability.
Positioned within Nampa’s established commercial core, 1023 N Horton offers investors a compelling mix of immediate income stability and long-term flexibility. This fully leased office and retail property provides dependable cash flow through a NNN structure, which minimizes landlord responsibilities and supports predictable performance. With its sizable lot, ample parking, and corridor-oriented zoning, the asset is well positioned to meet evolving commercial demand and support a range of future strategies.
The Boise Valley is home to Idaho’s capitol and serves as the center of commerce, politics, population, cultural events, and the blue field that personifies the Boise State Broncos. As a high desert community resting at the foot of the mountains, it is surrounded by thriving bedroom communities rich in their own histories and economies, bringing the metro area population to approximately 845,864. Experts estimate the MSA population will exceed 1,075,000 by 2050.
Although Idaho is world famous for its agriculture, it has an equally vibrant economic environment for high-tech, healthcare, education, transportation, service, tourism, and retail industries. Many nationally and globally recognized corporations have a home in the valley, including Micron Technology, Hewlett Packard, Amazon, Albertsons, J.R. Simplot Company, MotivePower, Materne, LambWeston, and many others.
Forbes consistently ranks the Boise Valley as one of the top places in the country to not only do business, but also for raising a family, entertainment, recreation and its high quality of life.
Investment highlights
- 100% leased to Solovey Kitchen, providing stable, in-place cash flow.
- NNN lease structure with in-place NOI of approximately $122,791, minimizing landlord expenses and management responsibilities.
- Recently sealed and striped parking lot, reflecting current ownership’s maintenance and enhancing long-term curb appeal while reducing near-term capital needs.
- Attractive, income-producing asset in Nampa, Idaho, benefiting from the broader Treasure Valley growth and strong investor demand for NNN product.
- Central Nampa location just off Nampa-Caldwell Boulevard, offering convenient access and strong visibility within an established commercial corridor.
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