4203 Garrity Blvd
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4203 Garrity Blvd
1,400 SF Retail Building Nampa, ID 83687 $2,260,870 ($1,615/SF) 5.75% Cap Rate
Investment Highlights
- Multi-Unit Operator throughout all of Idaho and parts of Washington & Oregon.
- Brand New 20 year lease term!
- Boise is currently the 6th fastest growing city in the U.S. and Idaho has experienced more growth than any other state in the county according to the
- Huge traffic counts, over 32,400 vehicles per day.
- Nampa is the 3rd largest city in Idaho, its currently population is 110,951. There are approximately 825,000 residents in the Boise MSA.
- Eligible for 15-year depreciation vs. standard 39- year schedule for most commercial properties; consult with your accountant.
Executive Summary
Goldman | Ryden Real Estate Investment Services is pleased to offer to qualified investors an opportunity to purchase the Single Tenant Net Leased Investment fully occupied by Take 5 Oil Change in Nampa Idaho. Stationed in one of the markets premier retail corridors, set just off of I-84, the location enjoys some of the areas highest traffic counts and best demographics. Take 5 Oil Change is a leading quick-lube service provider specializing in fast, convenient, and high-quality oil changes. The site represents a strategic expansion into a growing market with increasing demand for efficient vehicle maintenance services. Boise’s explosive growth is a significant opening for Take 5 Oil Change to capture market share by offering an unmatched combination of speed, convenience, and customer service. This is an excellent opportunity to acquire a well positioned, maintenance free, secure investment run by a seasoned operator that will provide long term passive income to the investor.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,400 SF
Building Class
C
Year Built
2024
Price
$2,260,870
Price Per SF
$1,615
Cap Rate
5.75%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.33 AC
Parking
5 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
128 FT on Garrity Blvd
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Take 5 Oil Change
- Retailer
- 100 SF
- -
- Triple Net
- Nov 2044
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Take 5 Oil Change | Retailer | 100 SF | - | Triple Net | Nov 2044 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 3112200000 | Improvements Assessment | $81,500 |
| Land Assessment | $262,250 | Total Assessment | $343,750 |
PROPERTY TAXES
Parcel Number
3112200000
Land Assessment
$262,250
Improvements Assessment
$81,500
Total Assessment
$343,750
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4203 Garrity Blvd
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