Property History
The offering presents the opportunity to acquire a two-parcel, value-add retail investment located at 725 S Vista Ave and 717 S Vista Ave in Boise, Idaho. Positioned along Vista Avenue, one of Boise’s most prominent gateway arterials, the property benefits from exceptional visibility, traffic exposure, and proximity to downtown Boise, Boise State University, and the Boise River. The site occupies a hard corner, signalized intersection with excellent access and ingress/egress. The property is improved with two freestanding retail buildings totaling 4,907 square feet, currently occupied by Tabaco Connection and Matrix Vapor. Tabaco Connection has approximately two years remaining on its lease at below-market rents, providing clear mark-to-market upside, while Matrix Vapor is on a month-to-month lease, offering immediate flexibility for repositioning or redevelopment. The asset is priced below replacement cost and presents a compelling value-add investment with both income growth and long-term redevelopment potential.
Located along Vista Avenue, one of Boise’s most traveled and recognizable gateway corridors
Hard corner, lighted intersection with strong frontage and access
Close proximity to downtown Boise, Boise State University, and the Boise River
Two freestanding retail buildings totaling 4,907 SF
Tabaco Connection occupies a 2,547 SF building with ~2 years remaining at under-market rent
Tabaco Connection operates ~65 locations across the western U.S. and is owned by Jacksons Food Stores
One 5-year renewal option for Tabaco Connection commencing 2/1/2028
Potential assemblage opportunity with adjacent northern parcel, expanding total land area to approximately 1.22 acres
Loan History
Financial History
Tax History
Contact Information
Ownership Information
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