Nampa Office/retail Portfolio
Retail | 5.13% CAP | 39,920 SqFt
Marketing description
This Three-property Nampa Office/retail Portfolio Generates $525,518 in Noi From a Diversified Tenant Mix That Includes First Federal Bank, Alliance Title Escrow, and Solovey Kitchen. Two Buildings Are Located in Downtown Nampa’s Core With Rare Dedicated Parking and a Shovel Ready, Entitled Pad for an Additional ±13,400 Sf Commercial Building Plus Potential Multifamily, While the Third is a 7,922 Sf Building on 1.6 Acres Along the Nampa-caldwell Boulevard Corridor With Recent Parking Lot Upgrades and Ample on-site Parking.
Positioned in a Growing Boise Valley Submarket Characterized by Strong Demographics, Low Reported Retail Vacancy, and SOLID Office Fundamentals, the Portfolio Combines Core, Credit-backed Cash Flow With Clear Value-add and Development Levers
Investment highlights
- 100% Leased, Income-producing Portfolio With Stable Tenants Including First Federal Bank, Alliance Title, and Solovey Kitchen.
- Strong Lease Structures and 2.5%–3.5% Annual Increases, Minimizing Landlord Responsibilities.
- Rare Dedicated Parking Across Multiple Sites Plus a Recently Sealed and Striped Parking Lot at the Horton Property.
- Value-add and Development Potential, Including a Shovel-ready ±13,400 Sf Pad in Downtown Nampa and Additional Upside Across All Three Locations.
- Prime Nampa Locations Offering Visibility, Accessibility, and Proximity to Major Corridors Within a Growing Boise Valley Submarket.
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