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31637979
31637980

3635 W Johnny LN, Eagle, ID 83616

MR
ID SP55166
Goldman Ryden
LG
ID SP32488
Goldman Ryden
Listed by Goldman Ryden
$1,700,000
57 days on market
Updated 57 days ago

15-Year Ground Lease | Boise ID MSA | Credit Union | ABS NNN

Details
Property Type Retail
Sub Type Bank
Square Footage 5,000
Cap Rate 5%
NOI $85,000
Occupancy 100%
Tenancy Single
Brand/Tenant P1FCU
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 02/01/2041
Remaining Term 14.7
Rent Bumps Yes
Price per SqFt $340
Broker Co-Op Yes
Class A
Year Built 2026
Acreage 1.400
Investment Type Net Lease
Lease Commencement 02/03/2026
Occupancy Date 02/03/2026
Ground Lease Yes
Ownership Fee Simple

Top Market in Idaho | A+ Location | Secure & Passive Investment

Marketing description

This offering presents the opportunity to acquire a new construction, single-tenant ground lease in the highly desirable Eagle, Idaho submarket within the Boise MSA. The asset is secured by a 15-year absolute NNN ground lease with Potlatch No. 1 Financial Credit Union, providing a passive investment with zero landlord responsibilities. The tenant is responsible for all operating expenses, maintenance, and improvements, delivering a true hands-off ownership structure. The property is located within Mustang Crossing, a high-growth retail corridor with strong visibility, access, and traffic counts. Eagle represents one of the most affluent and supply-constrained markets in the region, benefiting from continued residential expansion and retail demand. The Boise MSA continues to rank among the fastest growing regions in the country, driven by significant in-migration, strong wage growth, and major economic catalysts including the expansion of Micron Technology. Micron’s multibillion-dollar investment is expected to generate thousands of high-paying jobs and further accelerate population and economic growth across the region.

Investment highlights

  • Absolute NNN ground lease structure eliminates management, capex, and expense risk.
  • Zero landlord responsibilities.
  • 15-year ground lease provides long-term income certainty with built-in rent growth.
  • Located in Eagle, Idaho, one of the most affluent and supply-constrained submarkets in the Boise MSA.
  • True passive investment ideal for out-of-town or 1031 exchange buyers.
  • Secure investment promising years of bankable cashflow.
  • Major economic tailwinds from Micron Technology expansion, bringing billions in investment and thousands of jobs.

Listing Contacts

MR
ID SP55166
Goldman Ryden
LG
ID SP32488
Goldman Ryden
Listed by Goldman Ryden

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,000.00
$7,083.33/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Matt Ryden
License
SP55166
Brokerage Phone
2086084089
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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