Hill Road Crossing
Retail | 5.00% CAP | 1,880 SqFt
Marketing description
Located within Hill Road Crossing, this commercial condominium unit offers a rare investment opportunity at the corner of Highway 55 and Hill Road. Located within a well-maintained business complex, the property benefits from exceptional visibility, strong traffic counts, and convenient access to downtown Eagle and the surrounding Treasure Valley. The unit is occupied by a longstanding tenant, providing immediate income and stability for investors. In addition, there’s potential for future rent adjustments to align with current market conditions, drastically increasing cash flow with this already solid investment. Commercial ownership opportunities in Eagle are limited, particularly in highly desirable corridor locations such as this. Whether you're seeking dependable income today or long-term appreciation and upside potential, this property combines location, quality, and future earning potential in an established commercial development.
Investment highlights
- MU Zoning allows for a variety of uses, including: retail, office, service, restaurant/bakery, health-wellness-fitness, etc
- Exceptional visibility at corner of HWY 55 & Hill Road
- Longstanding tenant; immediate income and stability, NNN lease at a 5% cap rate
- Potential for owner/user or future rent adjustments to align with current market rates for significantly higher rents
- Plenty of parking that serves the entire development
- Desirable corridor where commercial ownership opportunities are limited
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