Property History
This exceptional property is back and now with a 3% selling commission. It is fully leased and positioned just a quarter mile east of Glenwood and State Streets, one of the busiest retail corridors in the region. Tending Toes is a unique, one-of-a-kind, medical based nail spa that caters to our senior community and focuses on diabetic nail care. Electric Rays (formerly Jamaica-Me-Tan) is equipped with the latest state-of-the-art indoor tanning systems. Jackson’s Tobacco Conection is a part of one of the region’s most sucessful convenience operations. Stag Hair Care has redefined hair confidence in NW Boise since 2007 with superb products and a truly masterful attention to every client's hair care needs. Lamar is a national, industry-leader in overhead signage and advertising. These 5, long-term tenants do not compete with one another but have created desirable cross selling. The current owner has recently repainted the entire exterior & has renovated, sealed, and striped the parking lot.
The mix of residential and retail immediate to this property is unbeatable! Strong multifamily, single family, big box retail, restaurants and grocery create the desirable traffic counts that fuel successful operations for the five tenants. Within walking distance from the site you will find among many others, Walmart, D&B Supply, Albertson's, the fully remodeled Northgate Center, Ross Dress for Less, Applebees, Walgreens, Wells Fargo & Discount Tire.
The purchase includes a rental until 2034 with Lamar National Advertising for the overhead billboard located on the east end of the property. Lamar is the 5th tenant as shown in the available proformas.
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