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602-620 N Orchard St

17,045 SF 100% Leased Retail Building Boise, ID 83706 $1,795,000 ($105/SF) 7.60% Cap Rate

Investment Highlights

  • 100% Occupied! | Future redevelopment opportunity.
  • Excellent exposure on major arterial, Orchard Street.
  • Neighboring retailers include: McCleary’s Pub, Resurrected Tattoo & more!
  • Path of growth in the emerging pathway of Boise.
  • Convenient, central location near major shopping, services, and restaurants.
  • Property under new ownership and management | 7.6% cap rate - March 2025

Executive Summary

Value Add Retail Shopping Center - Central Boise, Idaho. Parking in front and behind building.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
17,045 SF
Building Class
C
Year Built
1950
Price
$1,795,000
Price Per SF
$105
Cap Rate
7.60%
NOI
$136,420
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.26 AC
Zoning
MX-1 - Commercial
Parking
50 Spaces (2.93 Spaces per 1,000 SF Leased)
Frontage
271 FT on Orchard St

Amenities

  • Pylon Sign
  • Signage
Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Dutch Bros
Fred Meyer Fuel Center
Starbucks
Grocery Outlet
Joe's Crab Shack
The Original Pancake House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R7967500080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,844,700
  • Listing ID: 31676699

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: 602-620 N Orchard St, Boise, ID 83706

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