Jersey Mike’s Retail Center | Best-in-Class | Passive Leases
Landlord Friendly Lease Structure | Secure & Passive Investment | New Construction | Long Leases
Marketing description
While technically a two-tenant asset, both locations are owned and operated by the same experienced group. This provides coordinated management, centralized oversight, and simplified communication for ownership. The asset effectively operates as a single-tenant NNN investment with diversified brand exposure and minimal landlord responsibilities. The leases are passive in nature making this a very hands off landlord friendly investment.
Investment highlights
Brand new 2024 construction
Long-term 10-year NNN leases
Minimal landlord responsibilities
Taxes, insurance, and CAM reimbursed by tenants
Functionally a single-tenant investment structure
Both tenants operated by same experienced franchise group
Unified management and single point of contact
Dual nationally recognized fast casual brands
High-income demographics within immediate trade area
45 percent projected three-year growth in Star
Boise MSA exposure with continued in-migration
Ideal 1031 exchange investment, secure investment
Star ID is 15 miles from Downtown Boise
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