STNL | 20yr Lease | Absolute NNN | A+ Location | Boise
Rare 20 year Ground Lease | Strong Operator | Hard Corner Location at Lighted Intersection
Marketing description
This offering presents the opportunity to acquire a Take 5 Oil Change ground lease secured by a newly executed 20 year absolute NNN ground lease with zero landlord responsibilities. The tenant is a strong multi-unit operator with 15 locations across Idaho, Oregon and Washington. Lease commencement occurs at close of escrow with expiration 20 years thereafter. The asset is positioned on one of the busiest corridors in Boise just off the I 84 interchange with close proximity to Boise State University, the airport and downtown Boise making it a highly visible and irreplaceable location. The investment offers a truly hands off opportunity ideal for out of town investors seeking long term passive income in one of the strongest growth markets in the United State
Investment highlights
Strong multi-unit operator with locations 15 locations in ID, OR & WA.
Absolute NNN structure eliminates management, capex, and expense risk. Zero Landlord Responsibilities.
Rare opportunity to own a generational piece of real estate in one of the hottest markets in US.
Perfect hands off investment for out of town buyer.
Irreplaceable infill location along South Broadway corridor.
Close proximity to Boise State, I-84, and Downtown Boise.
20 Year Ground Lease.
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